Families of Nazareth Movement

Analysis

Families of Nazareth Movement is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Families of Nazareth Movement reported income of $55k and spending of $42k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $94k to $55k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Families of Nazareth Movement sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within CO. Charities of a similar size with the same main cause include Fruit Bearing Ministries of Durham North Carolina ($55k), One Ten Vision ($55k) and Gurudwara Guru Tegh Bhadur Sahib of Houston ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.