Gary Neighborhood Services Inc
Analysis
Gary Neighborhood Services Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2021, Gary Neighborhood Services Inc reported income of $279k and spending of $379k, spending 136% of what it took in. Across the 2 years on record, from June 2020 to June 2021, income fell from $455k to $279k (-39%), an average of -39% a year. The sharpest change came in the year to June 2021, when income dropped by 39%. Over the whole period it spent 101% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gary Neighborhood Services Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Hartford Food System Inc ($279k), El Paso Civic Education Organization ($280k) and Gods Storehouse ($279k).
On its Form 990 for the period ending June 2021, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $173k. At year end it held assets of $5,927 against liabilities of $192k, net assets of -$186k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hartford Food System Inc | Hartford | $279k |
| El Paso Civic Education Organization | El Paso | $280k |
| Gods Storehouse | Lawrenceburg | $279k |
| My Place Center for Wellness Inc | Oak Park | $280k |