Aberdeen Torah Inc

Analysis

Aberdeen Torah Inc is a registered charity in United States, based in Matawan, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Aberdeen Torah Inc reported income of $50k and spending of $49k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $98k to $50k (-49%), an average of -49% a year. The sharpest change came in the year to June 2024, when income dropped by 49%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aberdeen Torah Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Titans Tutoring ($50k), Center Ice Club Inc ($50k) and Simiode ($50k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,493 against liabilities of $0, net assets of $5,493.