My Neighbor

Analysis

My Neighbor is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in March 2016, 10 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, My Neighbor reported income of $51k and spending of $62k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $51k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Neighbor sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 14th percentile within SD. Charities of a similar size with the same main cause include Divine Women of Destiny Ministries International ($51k), Monroe Athletic Booster Club Inc ($51k) and Living Stone ($51k).

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 $13k against liabilities of $10k, net assets of $2,103.