Neighborhood Leadership Institute

Analysis

Neighborhood Leadership Institute is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Neighborhood Leadership Institute reported income of $1.6m and spending of $1.8m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.6m (-4.9%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Leadership Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include The Catalyst Center for Business & Entrepreneurship ($1.6m), Associated Builders and Contractors Craft Training TR of Baltimore ($1.6m) and Greater Newark Enterprises Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $79k (4.4% of expenses). Other salaries and wages came to $634k. At year end it held assets of $1.0m against liabilities of $264k, net assets of $741k. It reported 100 employees.