Neighbor to Neighbor of South Carolina Inc

Analysis

Neighbor to Neighbor of South Carolina Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in May 2006, 20 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 September 2023, Neighbor to Neighbor of South Carolina Inc reported income of $959k and spending of $909k, spending 95% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $344k to $959k (+179%), an average of +29% a year. The sharpest change came in the year to September 2022, when income rose by 80%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbor to Neighbor of South Carolina Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Real American Hardwood Coalition ($959k), Kids First Foundation of San Bernardino ($959k) and Advancing Barton County Children Inc ($959k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $581k. At year end it held assets of $134k against liabilities of $5,337, net assets of $129k. It reported 14 employees.