Public Charity

DERECH HACHAIM FUND INC

DERECH HACHAIM FUND INC, of LAKEWOOD, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.0M in revenue, $1.0M in expenses, $313K in total assets. 5 publicly reported grants to this organization, totaling roughly $49K, appear in IRS filings.

EIN: 465771186 LAKEWOOD, NJ Latest filing: 2024
Total Revenue$1.0M
Total Expenses$1.0M
Total Assets$313K
Grant Records5
Funding Total$49K
Filing Years2020–2024

Mission

TO ENGAGE IN FURTHERING OF JEWISH EDUCATION AND TO PROVIDE SUPPORT TO TORAH SCHOLARS WHO ARE STRUGGLING FINANCIALLY.

Officers & Directors

TRUSTEE Baruch Blaustein
TRUSTEE Shlomo Yoffe
TRUSTEE Yehoshua Basch

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$25,832 2 grants
PUBLIC, SOCIETAL BENEFIT
$10,000 1 grant
TO FURTHER JEWISH EDUCATION
$7,500 1 grant
GENERAL SUPPORT
$5,375 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.0M $1.0M $313K
2023 $1.0M $937K $296K
2022 $949K $831K $208K
2021 $892K $890K $90K
2020 $625K $547K $89K

Between 2020 and 2024, reported annual revenue grew from $625K to $1.0M (+67%), with total assets most recently reported at $313K.

Interactive year-over-year charts and full filing details available with membership.

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