Torah Academy of Milwaukee for Girls Inc

Analysis

Torah Academy of Milwaukee for Girls Inc is a registered charity in United States, based in Glendale, WI. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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 June 2024, Torah Academy of Milwaukee for Girls Inc reported income of $783k and spending of $731k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $534k to $783k (+47%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Torah Academy of Milwaukee for Girls Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include R O F E H Inc ($783k), Importa Santa Barbara ($783k) and Boyertown Community Library ($783k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $88k (12% of expenses). Other salaries and wages came to $339k. At year end it held assets of $1.8m against liabilities of $72k, net assets of $1.8m. It reported 28 employees.