Neighborhood Builders Community Development Corporation

Analysis

Neighborhood Builders Community Development Corporation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Builders Community Development Corporation reported income of $93k and spending of $68k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $10k to $93k (+819%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 671%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhood Builders Community Development Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Partners in Action Inc ($93k), Paterson Development & Management Corporation ($93k) and Valley of the Sun School Properties Three ($93k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $549k.