The Nazareth Project Inc

Analysis

The Nazareth Project Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, The Nazareth Project Inc reported income of $736k and spending of $713k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $292k to $736k (+152%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 120%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Nazareth Project Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Roots Ethiopia Inc ($736k), Kemach USA Inc ($737k) and Israel Firstfruits Inc ($735k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (7.0% of expenses). Other salaries and wages came to $12k. At year end it held assets of $560k against liabilities of $217k, net assets of $343k. It reported 3 employees.