Nativity of Our Lord Monastery
Analysis
Nativity of Our Lord Monastery is a registered charity in United States, based in Kemp, TX. It received its IRS tax-exemption ruling in June 2016, 10 years ago. 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, Nativity of Our Lord Monastery reported income of $108k and spending of $125k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $168k to $108k (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 72% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nativity of Our Lord Monastery sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Faculty Club University of California Santa Barbara Inc ($108k), Mecklenburg Ministries ($108k) and National Charity League Inc ($108k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 16% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 16%
- Other 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Faculty Club University of California Santa Barbara Inc | Santa Barbara | $108k |
| Mecklenburg Ministries | Charlotte | $108k |
| National Charity League Inc | San Juan Capo | $108k |
| Peacham Library | Peacham | $108k |