Neighborhoods Inc of Battle Creek

Analysis

Neighborhoods Inc of Battle Creek is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Neighborhoods Inc of Battle Creek reported income of $3.5m and spending of $3.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $680k to $3.5m (+419%), an average of +51% a year. The sharpest change came in the year to June 2022, when income rose by 781%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborhoods Inc of Battle Creek sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Kokoro Assisted Living Inc ($3.5m), Volunteer Legal Advocates ($3.5m) and Dover Interfaith Mission for Housing Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $203k (5.9% of expenses). Other salaries and wages came to $484k. At year end it held assets of $3.0m against liabilities of $383k, net assets of $2.6m. It reported 21 employees.