Neighborhood Land Power Project

Analysis

Neighborhood Land Power Project is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover employment, 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 December 2023, Neighborhood Land Power Project reported income of $541k and spending of $559k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $541k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Land Power Project sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include CHV Tenants Association Inc ($540k), Maryland-Israel Development Center Inc ($542k) and Robert Fulton Development Inc ($540k).

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 $72k (13% of expenses). Other salaries and wages came to $238k. At year end it held assets of $1.2m against liabilities of $51k, net assets of $1.2m. It reported 13 employees.