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Neighborhood Self Help by Older Persons Project Inc

RegisteredEIN 13-3077047Bronx, NYPoverty relief
Income$8.6m2023-06
Spending$8.1msame year
Spent / received95%5-year average
Size in its cause93rd pctPoverty relief
Exempt since1981Publicly supported organisat
Employees108latest return

Analysis

Neighborhood Self Help by Older Persons Project Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 1981, 45 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 June 2023, Neighborhood Self Help by Older Persons Project Inc reported income of $8.6m and spending of $8.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $8.6m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood Self Help by Older Persons Project Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include McLennan County Fair Inc ($8.6m), Footsteps Child Care Inc ($8.6m) and Community Action Agency Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $634k (7.9% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $4.6m against liabilities of $2.6m, net assets of $2.0m. It reported 108 employees.

Income and spending

$0$2.1m$4.3m$6.4m$8.6m2019 Income: $6,065,2662019 Spending: $5,931,63820192020 Income: $6,640,1062020 Spending: $6,391,96320202021 Income: $6,185,8862021 Spending: $5,830,32820212022 Income: $7,019,2042022 Spending: $6,448,38420222023 Income: $8,586,4392023 Spending: $8,073,8992023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 0.6%
  • Other 1.0%

Similar-sized charities, same cause

CharityLocationIncome
McLennan County Fair IncWaco$8.6m
Footsteps Child Care IncBelmont$8.6m
Community Action Agency IncLewiston$8.6m
Hospice of the FoothillsGrass Valley$8.6m