Good Neighbors Inc

Analysis

Good Neighbors Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in January 1965, 61 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, Good Neighbors Inc reported income of $419k and spending of $392k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $419k (+8.9%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Neighbors Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Valley Dance Theatre ($419k), Catahoula Association of Retarded Citizens Inc ($420k) and Lancer Fund ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 1 employees.