Bet Torah Foundation Inc

Analysis

Bet Torah Foundation Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bet Torah Foundation Inc reported income of $1.8m and spending of $40k, leaving 98% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.5m to $1.8m (-27%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 2.0% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bet Torah Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Cain Cincy ($1.8m), Iglesia Sendero de LA Cruz ($1.8m) and Friendship House of Christian Services ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m.