North Jersey Talmud Torah Inc

Analysis

North Jersey Talmud Torah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, North Jersey Talmud Torah Inc reported income of $292k and spending of $275k, spending 94% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $119 to $292k (+245406%), an average of +245406% a year. The sharpest change came in the year to August 2023, when income rose by 245406%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Jersey Talmud Torah Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Palma School Foundation ($292k), Lawrenceburg Schools Endowment Corporation ($292k) and Ironworkers Local No 6 Joint Apprentice Training & Journeyman ($292k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $78k. At year end it held assets of $217k against liabilities of $200k, net assets of $17k. It reported 5 employees.