Tor Project Inc
Tor Project Inc shows strong financial growth and efficiency with no reported officer compensation.
EIN: 208096820 · Winchester, NH · NTEE: W50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $6.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $6.8M |
| Transparency Score | 92/100 |
Is Tor Project Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tor Project Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tor Project Inc
Tor Project Inc (EIN: 208096820) is a nonprofit organization based in Winchester, NH, classified under NTEE code W50. The organization reported total revenue of $7.3M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tor Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tor Project Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $6.7M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $7.1M |
| Total Liabilities | $353K |
| Net Assets | $6.8M |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2023, Tor Project Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tor Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.2% | +37.8% | +36.1% |
| 2022 | -19.1% | +21.7% | +19.1% |
| 2021 | +68.5% | -8.5% | +320.9% |
| 2020 | -9.6% | -20.0% | +25.2% |
| 2019 | +176.7% | +117.8% | -50.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tor Project Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Tor Project Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
The Tor Project Inc consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no compensation is paid to its officers. This is highly unusual for an organization of its size, with revenues exceeding $8 million in 2023, and suggests a strong commitment to directing resources towards its mission rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Tor Project Inc:
- Consistent revenue growth, nearly doubling from 2020 to 2023 ($4.4M to $8.4M).
- Strong asset base ($7.1M in 2023) relative to liabilities ($352K in 2023), indicating financial stability.
- 0% reported officer compensation across all filings, demonstrating a high commitment to mission-focused spending.
- Positive net income in most recent periods, contributing to asset growth.
- Low liabilities relative to assets, indicating minimal financial risk.
Frequently Asked Questions about Tor Project Inc
Is Tor Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tor Project Inc (EIN: 208096820) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Tor Project Inc spend its money?
Tor Project Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tor Project Inc tax-deductible?
Tor Project Inc is registered as a tax-exempt nonprofit (EIN: 208096820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tor Project Inc CEO make?
Tor Project Inc's highest-compensated officer earns $8 annually. The organization reported $7.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tor Project Inc's spending goes to programs?
Tor Project Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tor Project Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Tor Project Inc is above average for NTEE category W50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tor Project Inc located?
Tor Project Inc is headquartered in Winchester, New Hampshire and files with the IRS under EIN 208096820. It is classified under NTEE code W50.
How many years of IRS 990 filings does Tor Project Inc have?
Tor Project Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.3M in total revenue.
Is Tor Project Inc a good charity?
Based on its financial data, Tor Project Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, indicating that resources are primarily directed to program services.
How has Tor Project Inc's revenue changed over time?
Tor Project Inc has experienced significant revenue growth, particularly in recent years. Revenue increased from $4,400,782 in 2020 to $8,470,139 in 2023, nearly doubling in three years, indicating strong donor support and funding.
What is the financial stability of Tor Project Inc?
The organization shows strong financial stability. Its assets have grown significantly, reaching $7,145,619 in 2023, while liabilities remain low at $352,603. This healthy asset-to-liability ratio indicates a robust financial position.
Filing History
IRS 990 filing history for Tor Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tor Project Inc's revenue has grown by 510.7%, moving from $1.4M to $8.5M. Total assets increased by 757.7% over the same period, from $833K to $7.1M. Total functional expenses rose by 317.8%, from $1.6M to $6.7M. In its most recent filing year (2023), Tor Project Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $353K in liabilities against $7.1M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $6.7M | $7.1M | $353K | — | — |
| 2022 | $6.0M | $4.9M | $5.3M | $237K | — | View 990 |
| 2021 | $7.4M | $4.0M | $4.4M | $540K | — | View 990 |
| 2020 | $4.4M | $4.4M | $1.0M | $657K | — | View 990 |
| 2019 | $4.9M | $5.5M | $836K | $578K | — | View 990 |
| 2018 | $1.8M | $2.5M | $1.7M | $834K | — | — |
| 2017 | $4.1M | $4.1M | $2.5M | $279K | — | View 990 |
| 2016 | $3.3M | $3.0M | $2.4M | $178K | — | View 990 |
| 2015 | $3.3M | $2.9M | $2.1M | $226K | — | View 990 |
| 2014 | $2.6M | $2.5M | $1.8M | $314K | — | View 990 |
| 2013 | $2.9M | $2.4M | $1.7M | $261K | — | View 990 |
| 2012 | $2.6M | $1.7M | $1.4M | $370K | — | View 990 |
| 2011 | $1.4M | $1.6M | $833K | $717K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $6.7M, and assets of $7.1M (revenue +41.2% year-over-year).
- 2022: Revenue of $6.0M, expenses of $4.9M, and assets of $5.3M (revenue -19.1% year-over-year).
- 2021: Revenue of $7.4M, expenses of $4.0M, and assets of $4.4M (revenue +68.5% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.4M, and assets of $1.0M (revenue -9.6% year-over-year).
- 2019: Revenue of $4.9M, expenses of $5.5M, and assets of $836K (revenue +176.7% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.5M, and assets of $1.7M (revenue -57.4% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.1M, and assets of $2.5M (revenue +25.5% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.0M, and assets of $2.4M (revenue +0.4% year-over-year).
- 2015: Revenue of $3.3M, expenses of $2.9M, and assets of $2.1M (revenue +28.2% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $1.8M (revenue -11.0% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.4M, and assets of $1.7M (revenue +10.1% year-over-year).
- 2012: Revenue of $2.6M, expenses of $1.7M, and assets of $1.4M (revenue +88.1% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $833K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tor Project Inc:
Data Sources and Methodology
This transparency report for Tor Project Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.