Neighborhood Club

Analysis

Neighborhood Club is a registered charity in United States, based in Grosse Pointe, MI. It received its IRS tax-exemption ruling in November 1964, 62 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Neighborhood Club reported income of $4.3m and spending of $3.7m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.3m to $4.3m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to August 2020, when income dropped by 36%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Neighborhood Club sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Team First Foundation ($4.2m), Joseph Center ($4.3m) and South Texas Youth Soccer Association ($4.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $235k (6.4% of expenses). Other salaries and wages came to $939k. At year end it held assets of $14.2m against liabilities of $2.3m, net assets of $11.9m. It reported 141 employees.