Neville Communities Inc

Analysis

Neville Communities Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Neville Communities Inc reported income of $303k and spending of $168k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $303k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neville Communities Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include South Dakota Kids Belong Inc ($303k), Hope North Carolina Inc ($303k) and Boxes of Love for the Homeless ($303k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 75% of the total. Compensation of current officers, directors and key employees was $35k (21% of expenses). At year end it held assets of $3.9m against liabilities of $446k, net assets of $3.5m.