Torah Relief Society Inc
- Assets
- $9.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Suffern, NY
- Founding
- 07/1943
- Data as of
- 12/2021
- EIN
- 13-5562218
Organization Overview
Torah Relief Society Inc is located in Suffern, NY. The organization was established in 1943. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Torah Relief Society Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torah Relief Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Torah Relief Society Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE NEEDY INDIVIDUALS, RELIGIOUS SCHOLARS, RABBIS AND OTHERS, WITH FINANCIAL ASSISTANCE FOR RENT, FOOD & MEDICAL EXPENSES, AND TO PUBLISH LITERATURE OF RELIGIOUS CONTENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE NEEDY INDIVIDUALS, RELIGIOUS SCHOLARS, RABBIS AND OTHERS, WITH FINANCIAL ASSISTANCE FOR RENT, FOOD & MEDICAL EXPENSES.
TO PUBLISH LITERATURE OF RELIGIOUS CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Yisrael Gettinger President | OfficerTrustee | 20 | $0 |
Rabbi Yaakov Hain Vice President | OfficerTrustee | 0.5 | $0 |
Rabbi Leibel Reznick Board Member | Trustee | 0.5 | $0 |
Rabbi Yisroel Salomon Board Member | Trustee | 0.5 | $0 |
Rabbi Avrohom Schnall Board Member | Trustee | 0.5 | $0 |
Rabbi Elya Brudny Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $890,923 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $890,923 |
| Total Program Service Revenue | $372,361 |
| Investment income | $773,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,081,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,900 |
| Grants and other assistance to domestic individuals. | $66,175 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,131,566 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,616 |
| Payroll taxes | $7,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,568 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $48,577 |
| Office expenses | $4,809 |
| Information technology | $10,832 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,692 |
| Insurance | $14,505 |
| All other expenses | $2,439 |
| Total functional expenses | $1,494,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,079,408 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,940 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,236 |
| Investments—publicly traded securities | $5,210,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,313,763 |
| Accounts payable and accrued expenses | $7,857 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $205,475 |
| Other liabilities | $3,561 |
| Total liabilities | $216,893 |
| Net assets without donor restrictions | $9,096,870 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,313,763 |
Grants Awarded
Over the last fiscal year, Torah Relief Society Inc has awarded $22,800 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ORACH MEISHORIM PURPOSE: CHARITABLE | $7,600 |
ZICHRON DOV SHMUEL PURPOSE: CHARITABLE | $7,600 |
KEREN MALKA RABIN PURPOSE: CHARITABLE | $7,600 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Torah Relief Society Inc has recieved totaling $59,006.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $42,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $10,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $6,982 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Endowment Analysis
| Beg. Balance | $8,839,799 |
| Earnings | -$174,714 |
| Admin Expense | $403 |
| Net Contributions | $641,166 |
| Other Expense | -$505,281 |
| Grants | $733,101 |
| Ending Balance | $9,078,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |
Metro World Child Foundation Inc Brooklyn, NY | $2,538,697 | $8,020,281 |
World Spiritual Awareness Forum Inc Roslyn Heights, NY | $803,724 | $7,990,339 |
Refugepoint Inc Boston, MA | $13,622,053 | $13,092,298 |
Albanian-American Development Foundation New York, NY | $216,065,025 | $9,264,607 |