Derakim

Analysis

Derakim is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Derakim reported income of $104k and spending of $93k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $104k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Derakim sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within KS. Charities of a similar size with the same main cause include Sight Ministries International Inc ($104k), Diamonds in the Rough Ministry ($104k) and Rogers Cooper Memorial Foundation ($104k).

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 $34k against liabilities of $9,500, net assets of $25k.