Neighborhood Health Services Corporation

Analysis

Neighborhood Health Services Corporation is a registered charity in United States, based in Plainfield, NJ. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Neighborhood Health Services Corporation reported income of $14.2m and spending of $13.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $14.2m (+49%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neighborhood Health Services Corporation 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 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Cooperriis Inc ($14.2m), Ub Family Medicine Inc ($14.2m) and Child & Family Center ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $907k (6.8% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $6.8m against liabilities of $10.4m, net assets of -$3.6m. It reported 145 employees.