East Side Neighborhood Service Inc

Analysis

East Side Neighborhood Service Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1965, 61 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 December 2022, East Side Neighborhood Service Inc reported income of $8.0m and spending of $9.9m, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $8.7m to $8.0m (-7.3%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Side Neighborhood Service Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Opportunity Matters Inc ($8.0m), Unitedhealthcare Childrens Foundation Inc ($8.0m) and YWCA of Greater Baton Rouge ($8.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $237k (2.4% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $6.7m against liabilities of $2.0m, net assets of $4.7m. It reported 184 employees.