The Servants Promise a NJ Nonprofit Corporation

Analysis

The Servants Promise a NJ Nonprofit Corporation is a registered charity in United States, based in Fairview, NJ. It received its IRS tax-exemption ruling in March 2023, 3 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, The Servants Promise a NJ Nonprofit Corporation reported income of $626k and spending of $664k, spending 106% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $17k to $626k (+3561%), an average of +146% a year. The sharpest change came in the year to December 2022, when income rose by 949%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Servants Promise a NJ Nonprofit Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Poiema Foundation ($626k), Shalshelet Seminary Inc ($626k) and Spring of Water International Ministries ($626k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.