Sylvan Nook Church of Christ

Analysis

Sylvan Nook Church of Christ is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sylvan Nook Church of Christ reported income of $118k and spending of $99k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $118k (-2.9%), an average of -2.9% a year. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sylvan Nook Church of Christ sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Equippers Network International NFP ($118k), Christ in the Wilderness ($118k) and Praying Friends of the Bridegroom ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $65k (66% of expenses). At year end it held assets of $357k against liabilities of $3,086, net assets of $354k. It reported 1 employees.