Neighbor to Family Inc

Analysis

Neighbor to Family Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in July 2000, 26 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 2023, Neighbor to Family Inc reported income of $9.4m and spending of $9.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.1m to $9.4m (-22%), an average of -6.1% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbor to Family Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Omni Youth Services Inc ($9.4m), Disabled Persons Action Organizati on Inc ($9.4m) and Harmony Health Medical Clinic and Family Resource Center ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $175k (1.9% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $3.6m against liabilities of $1.9m, net assets of $1.7m. It reported 107 employees.