Derech Hakodesh Inc

Analysis

Derech Hakodesh Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Derech Hakodesh Inc reported income of $75k and spending of $19k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $75k (+14%), an average of +14% a year. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Derech Hakodesh Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Portage Township Music Boosters Inc ($75k), Palmyra Area Education Foundation ($75k) and Friends of the Peoria Public Library Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $129k against liabilities of $0, net assets of $129k.