Public Charity

DERECH INC

DERECH INC is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2025 filing: $1.9M revenue, $1.8M expenses, $592K total assets. 35 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.

EIN: 810639911 BROOKLYN, NY Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$1.9M
Total Expenses$1.8M
Total Assets$592K
Grant Records35
Funding Total$1.3M
Filing Years2021–2025

Mission

THE ORGANIZATION SUPPORTS THE ENCOURAGEMENT OF RELIGIOUS IDENTITY,EDUCATION AND LIFESTYLE.

Where $100 goes at Derech Inc

How Derech Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$95 Programs the work itself
$4 Management running the organization
$1 Fundraising raising the next dollar

Inside the $95 for programs

$56
The organization contracts with religious educational institutions for a full year of religious educational courses to instill in registrants a moral lifestyle
59% of program spending
$38
The organization organizes and conducts religous seminars and weekends through out the year to promote a religous and moral life style
40% of program spending
$1
The organization supports a number of highly acclaimed religious educational instituions
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Harry Hassoun
Treasurer Irving Friedman
President Neil Brickman
Secretary William Simon
Director Yosef Y Ettlinger

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,166,976 28 grants
Education
$55,820 5 grants
Religion & Spirituality
$40,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.9M $1.8M $592K
2024 $2.3M $2.0M $535K
2023 $1.9M $1.8M $214K
2022 $1.5M $1.6M $115K
2021 $1.4M $1.3M $217K

Between 2021 and 2025, reported annual revenue grew from $1.4M to $1.9M (+34%), with total assets most recently reported at $592K.

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

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