Nerys Promise

Analysis

Nerys Promise is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in September 2019, 7 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, Nerys Promise reported income of $201k and spending of $70k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $209k to $201k (-3.8%), an average of -3.8% a year. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nerys Promise sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Lubavitch Colombia Inc ($201k), Muslim Group of USA and Canada ($201k) and Profound Treasury Dharma Foundation Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $430k against liabilities of $143, net assets of $429k.