Our Giving Commitment

Last updated: 17 May 2026

Ready Reverend is built around a simple commitment: at least 60% of our annual net profit after tax goes to registered Christian charities. This page explains how that works in plain language, including the practical timing and tax implications, so you can hold us to it.

1. The pledge

Recho AB — the Swedish company that operates Ready Reverend — commits to donating no less than 60% of its annual net profit after tax to a set of registered Christian charities across the traditions we serve: Catholic, Anglican, and mainline Protestant.

This commitment is stated in our Terms of Service, Section 7, and is binding.

2. How "net profit after tax" is calculated

For the avoidance of confusion:

Net profit after tax = annual pre-tax profit, minus Swedish corporate income tax (20.6%), as shown in Recho AB's audited annual accounts filed with Bolagsverket.

The 60% calculation is applied to that final after-tax figure. No creative redefinitions, no excluding categories, no "adjusted" profit metric.

3. Timing — why donations happen the year after the profit was earned

Annual profit can only be finalised after the financial year closes. In practice, this means:

So when you read our transparency report in early Year 2, it covers the donations from Year 1's profit, made in Year 2. There is always a roughly one-year lag between earning the profit and the money landing at the charities — that's the nature of any "% of annual profit" pledge.

4. Tax treatment — honest disclosure

Sweden introduced a corporate tax credit for charitable donations on 1 January 2026, but it applies only to a narrow list of Skatteverket-approved charities (mostly Swedish-registered). Many of the charities we support — particularly our Anglican partners, which are based in the UK — are not on this list and therefore do not generate a Swedish tax credit for Recho AB.

We have chosen our charity partners based on mission fit with our users' traditions, not based on tax-efficiency. As a result, the majority of our donations earn no tax benefit at all, and Recho AB pays full corporate tax on the underlying profit.

Where a donation is eligible for the Swedish tax credit (i.e., goes to a Skatteverket-approved Christian charity), one practical detail applies: the credit reduces the following year's tax bill, not the current year's. This is because:

• The credit attaches to the tax year in which the donation is made, not the year the profit was earned
• Since donations are made the year after the profit they came from, the credit lands in that same later year

We disclose any tax credits earned, and how they were used, in each annual transparency report.

5. Where the money goes

Our charity partners are chosen to serve users across the three traditions we support. The current list:

Catholic

• To be confirmed before launch — see annual report for current allocations

Anglican

• To be confirmed before launch — see annual report for current allocations

Mainline Protestant

• To be confirmed before launch — see annual report for current allocations

The allocation across charities for any given year is published in the annual transparency report.

6. Transparency report

Each year, within four months of Recho AB's financial year-end (i.e., by the end of April for a 31 December year-end), we publish a public report that includes:

• Total Ready Reverend revenue for the year
• Net profit after tax (matching the figure in Recho AB's filed annual accounts)
• The 60% commitment amount
• The actual amount donated (if higher than 60%, we say so)
• Each charity that received funds, and how much
• Any Swedish tax credits earned, and how the resulting saved tax is being used
• Total since the company was founded

The reports will be published at readyreverend.com/giving and linked from each year's annual accounts.

7. What this is not

• Not tax-deductible to you. Your subscription payment is for a service you receive, not a donation. You cannot claim it as a charitable deduction on your personal taxes.
• Not a charity itself. Recho AB is a for-profit Swedish AB. We donate a majority of our profits to registered charities; we are not a charity ourselves.
• Not subject to charity-style governance. Donations are made at the directors' discretion, within the binding minimum set by our Terms.

8. Questions

For questions about the giving commitment, our charity partners, or the annual transparency report, email support@readyreverend.com.

Recho AB, registered in Sweden. This page sits alongside our Terms of Service, Privacy Policy, Disclaimer, and Cookie Policy.