Men of Nehemiah Inc

Analysis

Men of Nehemiah Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2012, 14 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, Men of Nehemiah Inc reported income of $4.9m and spending of $3.8m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.9m (+167%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Men of Nehemiah Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Eastern Agency on Aging ($4.9m), Starting Points of Hudson County Inc ($4.9m) and California Drug Consultants Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $584k (15% of expenses). Other salaries and wages came to $1.1m. It paid $201k in professional fundraising fees. At year end it held assets of $6.0m against liabilities of $581k, net assets of $5.4m. It reported 36 employees.