Neighborhood Schools Inc

Analysis

Neighborhood Schools Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Neighborhood Schools Inc reported income of $1.4m and spending of $1.4m, spending 104% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $1.2m to $1.4m (+18%), an average of +5.6% a year. The sharpest change came in the year to May 2021, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neighborhood Schools 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 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Friends of Saint Paul College ($1.4m), Operation Xcel Promoting Excellent Communities Education & Leadership ($1.4m) and Regina Foundation ($1.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $161k (11% of expenses). Other salaries and wages came to $602k. At year end it held assets of $462k against liabilities of $34k, net assets of $427k. It reported 18 employees.