Neighborhoods Inc

Analysis

Neighborhoods Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 1986, 40 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 September 2023, Neighborhoods Inc reported income of $2.5m and spending of $1.8m, leaving 27% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.5m (+47%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 41%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhoods Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include Sheldon Oak Central Inc ($2.5m), Bryant Park Management Corp ($2.5m) and Habitat for Humanity International Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 114% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $211k (12% of expenses). At year end it held assets of $10.9m against liabilities of $1.6m, net assets of $9.4m. It reported 18 employees.