Neighbor to Neighbor Network a Njnonprofit Corporation

Analysis

Neighbor to Neighbor Network a Njnonprofit Corporation is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Neighbor to Neighbor Network a Njnonprofit Corporation reported income of $112k and spending of $82k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $112k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Neighbor to Neighbor Network a Njnonprofit Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Masters Hands Inc NFP ($112k), Rotary District 5390 Foundation ($112k) and Wooster Elks Lodge No 1346 Charitable Fund ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $119k against liabilities of $239, net assets of $119k.