Public Charity

KOLEL TORAH INC

KOLEL TORAH INC is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2024 filing: $5.7M revenue, $5.5M expenses, $314K total assets. 15 publicly reported grants to this organization, totaling roughly $416K, appear in IRS filings.

EIN: 822437815 BROOKLYN, NY Fund Raising & Fund Distribution NTEE: X12 Latest filing: 2024
Total Revenue$5.7M
Total Expenses$5.5M
Total Assets$314K
Grant Records15
Funding Total$416K
Filing Years2019–2024

Mission

To fund institutions of higher Jewish learning, with an emphasis on adult education. To organize classes and semninars of Jewish education or fund those who are already doing this. To help less affiliated Jews. To fund organizations that help the less fortunate in any capacity, as well as helping individuals in times of need and want.

Where $100 goes at Kolel Torah Inc

How Kolel Torah Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To support and fund organization that increase Jewish learning and observance and help Jews in financial need
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

COO Benzion Lipsker
Director Menachem Margolin
Treasurer Yitschak Z Farkash

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$206,988 11 grants
Religion & Spirituality
$160,565 1 grant
Human & Social Services
$28,000 2 grants
Unspecified
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.7M $5.5M $314K
2023 $6.2M $6.4M $99K
2022 $10.6M $10.5M $285K
2020 $8.4M $8.5M $414K
2019 $10.0M $9.7M $464K

Between 2019 and 2024, reported annual revenue declined from $10.0M to $5.7M (-43%), with total assets most recently reported at $314K.

Interactive year-over-year charts and full filing details available with membership.

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