Neighborhood Center Inc

Analysis

Neighborhood Center Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neighborhood Center Inc reported income of $2.2m and spending of $1.3m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $764k to $2.2m (+182%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Variety School of Hawaii ($2.2m), Clay Comprehensive Health Services Inc ($2.2m) and Safequest Solano ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $815k (63% of expenses). At year end it held assets of $1.5m against liabilities of $101k, net assets of $1.4m. It reported 49 employees.