Working in Neighborhoods

Analysis

Working in Neighborhoods is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1979, 47 years ago. 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, Working in Neighborhoods reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Working in Neighborhoods sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Greater Valdosta United Way Inc ($1.5m), Seniors Rising Homes Inc ($1.5m) and Young House Family Services ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $161k (10% of expenses). Other salaries and wages came to $652k. At year end it held assets of $3.7m against liabilities of $357k, net assets of $3.3m. It reported 21 employees.