Neighbors Link Corp

Analysis

Neighbors Link Corp is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in March 2000, 26 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, Neighbors Link Corp reported income of $8.2m and spending of $7.0m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $8.2m (+134%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbors Link Corp 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 Prairieland Service Coordination Inc ($8.2m), Holiday House of Portsmouth Inc ($8.2m) and Asylum Seeker Advocacy Project Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $300k (4.3% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $14.0m against liabilities of $3.1m, net assets of $10.9m. It reported 117 employees.