Neidlinger Garden Court Inc

Analysis

Neidlinger Garden Court Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Neidlinger Garden Court Inc reported income of $340k and spending of $385k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $275k to $340k (+24%), an average of +5.5% a year. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Neidlinger Garden Court Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Keller Isd Education Foundation Inc ($340k), Lot 2540 Incorporated ($341k) and Faith Christian School Foundation ($340k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 56% of the total. At year end it held assets of $948k against liabilities of $49k, net assets of $899k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.