East Bank Neighborhoods Partnership

Analysis

East Bank Neighborhoods Partnership is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, East Bank Neighborhoods Partnership reported income of $178k and spending of $102k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $178k (+12%), an average of +12% a year. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Bank Neighborhoods Partnership sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Iowa Rural Development Council ($178k), Reinvent Horton Community Development Association Inc ($178k) and Naperville Noon Lions Foundation ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $183k against liabilities of $11k, net assets of $172k.