It was founded in 1797 by Lama Sangngak and is considered a branch of Katok Monastery.
Nyenlung Monastery became famous in the the twentieth century for having been revived by two contemporary tertöns, Namtrul Rinpoche and his consort Tare Lhamo. 300 monks are now residing in the monastery.
Among the lineages held by the monastery are those of:
The monastery in now under the care of Tulku Lhaksam Namdak (Namtrul Rinpoche's son).
- Tulku Lhaksam Namdak has been recognized as the rebirth of Khandro Tare Lhamo's son who died at a young age. (Source, Jnanasukha Foundation, invitation to join a travel to Nyenlung Gompa, June, 2016.