Neighbor to Neighbor Massachusetts Education Fund Inc

Analysis

Neighbor to Neighbor Massachusetts Education Fund Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Neighbor to Neighbor Massachusetts Education Fund Inc reported income of $1.3m and spending of $1.7m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 69% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Neighbor to Neighbor Massachusetts Education Fund 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 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Court Appointed Special Advocates of Morris and Sussex Counties Inc ($1.3m), Pension Rights Center ($1.3m) and Gospel Echoes Team Assn Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $369k (21% of expenses). Other salaries and wages came to $405k. At year end it held assets of $3.2m against liabilities of $137k, net assets of $3.0m. It reported 21 employees.