Northeast Neighborhood Revitalization Organizations Inc
Analysis
Northeast Neighborhood Revitalization Organizations Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Northeast Neighborhood Revitalization Organizations Inc reported income of $455k and spending of $338k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $464k to $455k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 84% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northeast Neighborhood Revitalization Organizations 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 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Sandpoint Resource Center Inc ($455k), Chamber Foundation ($455k) and Northeast Indiana Foundation Inc ($455k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. At year end it held assets of $1.0m against liabilities of $110k, net assets of $932k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.6%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sandpoint Resource Center Inc | Sandpoint | $455k |
| Chamber Foundation | Columbus | $455k |
| Northeast Indiana Foundation Inc | Fort Wayne | $455k |
| Fort Madison Sirrc Corporation | Fort Madison | $456k |