Nathaniel Missionary Society Inc

Analysis

Nathaniel Missionary Society Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nathaniel Missionary Society Inc reported income of $381k and spending of $391k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $125k to $381k (+204%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 176%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nathaniel Missionary Society Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Edible Education Experience Inc ($381k), Father Vincent Welch Memorial Fund ($381k) and DT and Joan King Foundation ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $21k (5.4% of expenses). Other salaries and wages came to $164k. At year end it held assets of $2.3m against liabilities of $1.0m, net assets of $1.3m. It reported 9 employees.