Neighbors Who Care Inc

Analysis

Neighbors Who Care Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in April 2003, 23 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 Who Care Inc reported income of $59k and spending of $50k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $127k to $59k (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbors Who Care Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Iron-Leg Corp ($59k), Sertoma Inc ($59k) and Bath Area Backpack Program ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. Compensation of current officers, directors and key employees was $2,000 (4.0% of expenses). At year end it held assets of $33k against liabilities of $0, net assets of $33k. It reported 1 employees.