Nehda Inc

Analysis

Nehda Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in March 1979, 47 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 April 2024, Nehda Inc reported income of $342k and spending of $356k, spending 104% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $199k to $342k (+72%), an average of +11% a year. The sharpest change came in the year to April 2022, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nehda Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Main Street Middletown MD Inc ($342k), National Council of Jewish Women Incorporated ($342k) and Urban University ($342k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $59k (17% of expenses). Other salaries and wages came to $102k. At year end it held assets of $627k against liabilities of $224k, net assets of $403k. It reported 5 employees.