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Derech Inc

RegisteredEIN 81-0639911Suffern, NYEducation and training
Income$1.9m2023-12
Spending$1.8msame year
Spent / received98%5-year average
Size in its cause82nd pctEducation and training
Exempt since2004Publicly supported organisat
Employees3latest return

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

$0$475k$951k$1.4m$1.9m2019 Income: $1,025,6042019 Spending: $1,095,91820192020 Income: $1,127,8032020 Spending: $1,048,01220202021 Income: $1,388,6862021 Spending: $1,259,39020212022 Income: $1,505,9962022 Spending: $1,607,97020222023 Income: $1,901,5062023 Spending: $1,802,5942023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 35%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Joshua Christian Academy IncDes Moines$1.9m
Montessori School of AndersonAnderson$1.9m
Headwaters AcademyBozeman$1.9m
Doral Leadership Institute IncDoral$1.9m