Yeshiva Derech Hatorah

Analysis

Yeshiva Derech Hatorah is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Yeshiva Derech Hatorah reported income of $13.9m and spending of $14.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.0m to $13.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Derech Hatorah sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Movement Charter School ($13.9m), American Overseas School of Rome Inc ($13.9m) and Mt Bethel Christian Academy Inc ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $16.3m against liabilities of $2.9m, net assets of $13.3m. It reported 269 employees.