Yeshiva Derech Chaim FY2024 filing

Tax-deductible

Brooklyn, NY501(c)(3)EIN 11-2357063Revenue $3.9M in FY2024

On file with the IRS1573 39th St, 11218-4413 · Brooklyn, NYTax-exempt since Jun 1976School — 170(b)(1)(A)(ii)

Tell your story. Claim this org

To conduct an advanced rabbinical seminary

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$178K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $361K a year · 9% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$178K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$341K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 17 voting members
Looks good: 15 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.9M
-6% vs prior year
Spent
$3.8M
To programs
66%
Net assets
$2.5M
By yearFY2020–FY2025
Revenue
$3.9M
FY2024▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.0M
FY2021$4.7M
FY2022$4.4M
FY2023$4.2M
FY2024$3.9M
FY2025$3.9M
Expenses
$3.8M
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.0M
FY2021$3.3M
FY2022$4.0M
FY2023$4.1M
FY2024$3.8M
FY2025$3.8M
Net assets
$2.5M
FY2024▲ +0.5%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$2.3M
FY2022$2.4M
FY2023$2.5M
FY2024$2.5M
FY2025$2.5M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $2.5M Management & general 22% · $822K Fundraising 12% · $474K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

17 people listed on the 990; $178K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$63,203Pt VII · Sec A
Vice President
$52,000Pt VII · Sec A
$41,420Pt VII · Sec A
Vice President
$21,368Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Moshe Plutchok$67,000—$66,000$59,800$54,000—
Rabbi Moshe Plutchok—$63,203————
Reuven Rennert$57,000$52,000$48,500$49,434$18,000—
Rabbi Chaim Rennert$15,940$41,420$39,920$37,020$33,420$33,420
K Sholom Plutchok$19,890$21,368$20,602$27,300$23,679—
Rabbi Yisroel Plutchok—————$20,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Yeshiva Derech Chaim executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains rabbis through advanced theological study and practice.

Questions for Yeshiva Derech Chaim

Tap to ask. Yeshiva Derech Chaim sees how many people are interested.

Your first name shows with your question. Yeshiva Derech Chaim answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $2.5M · in their own filed words · FY2023
01

Organization conducts an undergraduate, graduate and post-graduate rabbinical school with an enrollment of approximately 160 students.

$2.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$1K
Grants paid · 5 grants · $1.8M · 2020–2024
Unitemized GrantFY2024$288,284
Unitemized GrantFY2023$284,217
Unitemized GrantFY2022$397,718
Unitemized GrantFY2021$394,545
Unitemized GrantFY2020$468,445

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.9M
Ln 12
Gifts and grantsLn 1h$3.0M
Fees for servicesLn 2g$923K
Investment incomeLn 3$5K
Money outPt IX
$3.8M
Ln 25
Programscol B$2.5M
Managementcol C$822K
Fundraisingcol D$474K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$600K
Total assetsLn 16$2.8M
LiabilitiesLn 26$341K
PeoplePt VI, VII
17
listed · VII A
PaidVII A4
Voting boardVI 1a17
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Government grantsLn 1e$91K
Fundraising eventsLn 1c$232K
Fees for servicesLn 2g$923K
Investment incomeLn 3$5K
Other incomeLn 4–11$5K
Total revenueLn 12$3.9M
Assets in detailPt X, end of year
SavingsLn 2$600K
Cash and savings togetherLn 1–2$600K
Land, buildings, equipmentLn 10c$440K
Other assetsLn 15$278K
Total assetsLn 16$2.8M
LiabilitiesLn 26$341K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.1M$600K
Land, buildings, equipmentLn 10c$468K$440K
Total assetsLn 16$2.8M$2.8M
LiabilitiesLn 26$304K$341K
Net assetsLn 32$2.5M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$284K$284K
Pay of current officers, directors and key staffLn 5$419K$419K
Other salaries and wagesLn 7$1.5M$931K$495K$69K
Pension plan contributionsLn 8$102K$102K
Other employee benefitsLn 9$285K$121K$121K$44K
Payroll taxesLn 10$6K$6K
Accounting feesLn 11c$25K$25K
Other fees for servicesLn 11g$35K$35K
Advertising and promotionLn 12$66K$66K
Office expensesLn 13$119K$69K$41K$9K
Information technologyLn 14$18K$9K$9K
OccupancyLn 16$110K$110K
Depreciation, depletion and amortizationLn 22$28K$28K
InsuranceLn 23$33K$33K
Other expenses (24a–d)Ln 24$711K$374K$59K$278K
All other expensesLn 24e$87K$55K$32K
Total functional expensesLn 25$3.8M$2.5M$822K$474K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.9M$3.8M$121K$2.5M 990 PDF
FY2024 Viewing $3.9M$3.8M$99K$2.5M 990 PDF
FY2023 $4.2M$4.1M$118K$2.5M 990 PDF
FY2022 $4.4M$4.0M$351K$2.4M 990 PDF
FY2021 $4.7M$3.3M$1.4M$2.3M 990 PDF
FY2020 $3.0M$3.0M$56K$1.7M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $3,921,456 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,327,770$2,988,950
I-9 Program service revenuePrior year $836,615$922,598
I-10 Investment incomePrior year $7,363$5,226
I-11 Other revenuePrior year $10,907$4,682
I-12 Total revenuePrior year $4,182,655$3,921,456
I-13 Grants and similar amounts paidPrior year $397,718$284,217
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,359,409$2,306,658
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,307,837$1,231,624
I-18 Total expensesPrior year $4,064,964$3,822,499
I-19 Revenue less expensesPrior year $117,691$98,957
Part VI · Governance 15 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,921,456 across 8 lines filed
VIII-1c Fundraising events$232,188
VIII-1e Government grants$90,664
VIII-1f All other contributions, gifts and grants$2,666,098
VIII-1h Total contributions, gifts and grants$2,988,950
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $922,598$922,598
VIII-3 Investment incomeExcluded from tax $5,226$5,226
VIII-8 Net income from fundraising eventsExcluded from tax $4,682$4,682
VIII-12 Total revenueRelated to mission $922,598 · Unrelated business $0 · Excluded from tax $9,908$3,921,456
Part IX · Statement of functional expenses $3,822,499 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $284,217$284,217
IX-5 Pay of current officers, directors and key staffPrograms $418,530$418,530
IX-7 Other salaries and wagesPrograms $931,130 · Management $494,767 · Fundraising $68,645$1,494,542
IX-8 Pension plan contributionsPrograms $102,042$102,042
IX-9 Other employee benefitsPrograms $121,075 · Management $120,817 · Fundraising $43,526$285,418
IX-10 Payroll taxesManagement $6,126$6,126
IX-11c Accounting feesManagement $25,000$25,000
IX-11g Other fees for servicesManagement $34,927$34,927
IX-12 Advertising and promotionFundraising $65,960$65,960
IX-13 Office expensesPrograms $68,602 · Management $41,047 · Fundraising $9,270$118,919
IX-14 Information technologyManagement $8,894 · Fundraising $8,893$17,787
IX-16 OccupancyPrograms $110,235$110,235
IX-22 Depreciation, depletion and amortizationPrograms $27,569$27,569
IX-23 InsurancePrograms $32,831$32,831
IX-24 Other expenses (24a–d)Programs $374,344 · Management $58,678 · Fundraising $278,168$711,190
IX-24e All other expensesPrograms $55,292 · Management $31,914$87,206
IX-25 Total functional expensesPrograms $2,525,867 · Management $822,170 · Fundraising $474,462$3,822,499
Part X · Balance sheet $2,812,786 assets, 14 lines filed
Asset lines not itemized here account for $18,205; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $1,130,924$600,457
X-3 Pledges and grants receivableStart of year $731,764$1,239,202
X-4 Accounts receivableStart of year $122,244$168,960
X-9 Prepaid expenses and deferred chargesStart of year $5,000$68,196
X-10c Land, buildings and equipment, netStart of year $467,555$439,986
X-15 Other assetsStart of year $277,780$277,780
X-16 Total assetsStart of year $2,761,869$2,812,786
X-17 Accounts payable and accrued expensesStart of year $75,355$113,026
X-19 Deferred revenue$860
X-25 Other liabilitiesStart of year $228,147$227,088
X-26 Total liabilitiesStart of year $303,502$340,974
X-27 Net assets without donor restrictionsStart of year $2,458,367$2,471,812
X-32 Total net assets or fund balancesStart of year $2,458,367$2,471,812
X-33 Total liabilities and net assetsStart of year $2,761,869$2,812,786
Part XI · Reconciliation of net assets $2,471,812 net assets at year end
XI-1 Total revenue$3,921,456
XI-2 Total expenses$3,822,499
XI-3 Revenue less expenses$98,957
XI-4 Net assets at start of year$2,458,367
XI-9 Other changes in net assets−$85,513
XI-10 Net assets at end of year$2,471,812

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.