Swallow S Nest Ministries Inc

Analysis

Swallow S Nest Ministries Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in March 2017, 9 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 December 2023, Swallow S Nest Ministries Inc reported income of $186k and spending of $186k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $237k to $186k (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Swallow S Nest Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Barnabas & Co ($186k), Laborers in Christ Inc ($186k) and Sankata Mochana Hanuman Temple Inc ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,512 against liabilities of $0, net assets of $1,512.