Neighbor Plus Inc

Analysis

Neighbor Plus Inc is a registered charity in United States, based in Palisades Park, NJ. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Plus Inc reported income of $220k and spending of $237k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $220k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Neighbor Plus Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Hope Forest Inc ($220k), Iglesia Cristiana Pan de Vida Esmirna ($220k) and Keren Zichron Tzipora Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $48k. At year end it held assets of $192k against liabilities of $11k, net assets of $181k. It reported 3 employees.