Nasareanorg Inc

Analysis

Nasareanorg Inc is a registered charity in United States, based in Stowe, VT. It received its IRS tax-exemption ruling in July 2016, 10 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 June 2024, Nasareanorg Inc reported income of $327k and spending of $272k, spending 83% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $222k to $327k (+47%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nasareanorg Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 56th percentile within VT. Charities of a similar size with the same main cause include Gospel Broadcasting Inc ($327k), Kingdom Story Ministries Inc ($328k) and Sri Satyanarayana Swamy Temple of Atlanta Inc ($327k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $55k (20% of expenses). At year end it held assets of $335k against liabilities of $30k, net assets of $304k. It reported 2 employees.