Nathanael Project Inc

Analysis

Nathanael Project Inc is a registered charity in United States, based in Fate, TX. It received its IRS tax-exemption ruling in October 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, Nathanael Project Inc reported income of $102k and spending of $84k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $102k (+55%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nathanael Project Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Nichiren Buddhist International Center ($102k), Go Therefore Inc ($102k) and Centro Aviva Iglesia de Jesucristo Nueva ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $4,671 against liabilities of $16k, net assets of -$11k.