Derech Etz Chaim Institutions

Analysis

Derech Etz Chaim Institutions is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Derech Etz Chaim Institutions reported income of $826k and spending of $1.1m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $866k to $826k (-4.7%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Derech Etz Chaim Institutions sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Out of the Ashes Inc ($826k), Can Do Education Foundation ($827k) and Celani Family Foundation Inc ($825k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $17k (1.6% of expenses). Other salaries and wages came to $137k. At year end it held assets of $502k against liabilities of $507k, net assets of -$5,598. It reported 6 employees.