American Friends Of Derech Chochma Inc

Organization Overview

American Friends Of Derech Chochma Inc is located in Brooklyn, NY. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Derech Chochma Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, American Friends Of Derech Chochma Inc generated $805.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $884.2k during the year ending 12/2022. While expenses have increased by 10.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE, FURTHER AND SUPPORT SELECTED CHARITABLE ACTIVITIES THROUGH GRANTS, FUNDING AND FINANCIAL ASSISTANCE TO VARIOUS INDIVIDUALS, INSTITUTIONS AND ORGANIZATIONS DEDICATED TO THE AID AND ASSISTANCE OF JEWISH ORTHODOX RELIGIOUS INSTITUTIONS IN THE UNITED STATES AND ABROAD; TO AID, ENCOURAGE, STIMULATE, FOSTER AND PROMOTE CHARITABLE AND BENEVOLENT ACTIVITIES THROUGH THE SUPPORT OF JEWISH ORTHODOX RELIGIOUS INSTITUTIONS IN DOMESTIC AND FOREIGN COUNTRIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT OF YESHIVA DERECH CHOCHMA IN ISRAEL.AND SUPPORT OF OTHER RELIGIOUS AND EDUCATIONAL INSTITUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Dov Silver
Director
$0
Eliezer Silver
President
$0
Yonatan Vilensky
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$805,948
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$805,948
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $805,948

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