Derech Inc
Analysis
Derech Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.9m (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Derech Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Joshua Christian Academy Inc ($1.9m), Montessori School of Anderson ($1.9m) and Headwaters Academy ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $93k (5.2% of expenses). Other salaries and wages came to $6,843. At year end it held assets of $214k against liabilities of $0, net assets of $214k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 35%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Joshua Christian Academy Inc | Des Moines | $1.9m |
| Montessori School of Anderson | Anderson | $1.9m |
| Headwaters Academy | Bozeman | $1.9m |
| Doral Leadership Institute Inc | Doral | $1.9m |