Neighborhood Development Center Inc

Analysis

Neighborhood Development Center Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1993, 33 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 2023, Neighborhood Development Center Inc reported income of $10.2m and spending of $7.6m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $10.2m (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 224%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood Development Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Sos Community Services ($10.2m), Pathway Services Unlimited Inc ($10.2m) and Cardea Health ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $1.3m (17% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $42.6m against liabilities of $23.6m, net assets of $19.0m. It reported 51 employees.