Neighborhood Properties Inc

Analysis

Neighborhood Properties Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Neighborhood Properties Inc reported income of $8.5m and spending of $8.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.7m to $8.5m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neighborhood Properties Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include CHS Mobile Integrated Health Care Inc ($8.5m), Wayne Community Health Centers Inc ($8.5m) and Sanford Consortium for Regenerative Medicine ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $489k (6.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $19.6m against liabilities of $9.6m, net assets of $10.0m. It reported 74 employees.