United Neighborhoods Inc

Analysis

United Neighborhoods Inc is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, United Neighborhoods Inc reported income of $339k and spending of $246k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $439k to $339k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 232%. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Neighborhoods Inc sits at the 49th percentile: it is larger than about 49% 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 Parker Street Foundation ($339k), Manitowoc RHF Housing Inc ($340k) and Fuller Center for Housing of Central Indiana Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $76k (31% of expenses). Other salaries and wages came to $19k. At year end it held assets of $905k against liabilities of $11k, net assets of $894k.