Northern Liberties Neighbors Assoc

Analysis

Northern Liberties Neighbors Assoc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Northern Liberties Neighbors Assoc reported income of $217k and spending of $218k, spending 100% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $166k to $217k (+31%), an average of +9.3% a year. The sharpest change came in the year to September 2023, when income rose by 50%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern Liberties Neighbors Assoc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Kiwanis Club of Southampton Town Foundation Inc ($217k), Dress for Success Boise Inc ($217k) and P R O B E ($217k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $46k. At year end it held assets of $2.6m against liabilities of $95k, net assets of $2.5m.