Derech Shalom Center Inc

Analysis

Derech Shalom Center Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Shalom Center Inc reported income of $91k and spending of $326k, spending 359% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.2m to $91k (-92%), an average of -72% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Derech Shalom Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Hearts & Hands Against Hunger of Hastings ($91k), Aspen Grove Foundation ($91k) and Commissioned Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $286k. At year end it held assets of $571k against liabilities of $1.1m, net assets of -$538k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.