Good Neighbors Inc

Analysis

Good Neighbors Inc is a registered charity in United States, based in Riverside, RI. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Good Neighbors Inc reported income of $562k and spending of $664k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $562k (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Neighbors Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include Vashon-Maury Senior Center ($561k), League for Better Community Life Inc ($562k) and Holy Ghost Learning Center Inc ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (17% of expenses). At year end it held assets of $483k against liabilities of $0, net assets of $483k. It reported 2 employees.