Neighbors Inc

Analysis

Neighbors Inc is a registered charity in United States, based in South Saint Paul, MN. It received its IRS tax-exemption ruling in October 1979, 47 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, Neighbors Inc reported income of $3.3m and spending of $3.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $3.3m (-2.8%), an average of -0.7% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbors Inc 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 89th percentile within MN. Charities of a similar size with the same main cause include Feeding North Texas Foundation ($3.3m), Vow for Girls Inc ($3.3m) and Newport County Womens Resource Center ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $101k (3.1% of expenses). Other salaries and wages came to $749k. At year end it held assets of $3.1m against liabilities of $74k, net assets of $3.1m. It reported 24 employees.