Canons Regular of Jesus the Lord of Nevada Inc

Analysis

Canons Regular of Jesus the Lord of Nevada Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Canons Regular of Jesus the Lord of Nevada Inc reported income of $380k and spending of $329k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $236k to $380k (+61%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Canons Regular of Jesus the Lord of Nevada Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within NV. Charities of a similar size with the same main cause include Family of God in Christ Ministry Inc ($379k), Sino-American Buddhist Association Lingshan Temple Inc ($380k) and Youth with a Mission-Haiti ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $227k against liabilities of $3,052, net assets of $224k.