Torah Nursery Inc

Analysis

Torah Nursery Inc is a registered charity in United States, based in South Euclid, OH. It received its IRS tax-exemption ruling in February 2012, 14 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 December 2023, Torah Nursery Inc reported income of $1.1m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $610k to $1.1m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Torah Nursery Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Faith Christian School Assoc of Monroe County Pa Inc ($1.1m), Council of Affiliated Negro Organizations Inc ($1.1m) and Temple Grandin School ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $96k (8.6% of expenses). Other salaries and wages came to $619k. At year end it held assets of $1.5m against liabilities of $650k, net assets of $815k. It reported 55 employees.