Good Neighbor Society

Analysis

Good Neighbor Society is a registered charity in United States, based in Manchester, IA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Neighbor Society reported income of $12.9m and spending of $13.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.3m to $12.9m (-2.7%), an average of -0.7% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Neighbor Society sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Pacific Autism Center of Education ($12.9m), Primary Health Care Center of Dade Inc ($12.9m) and Paradigm Indemnity Corporation ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $7.5m. At year end it held assets of $16.9m against liabilities of $8.3m, net assets of $8.6m. It reported 304 employees.