Neema Village Tanzania Inc

Analysis

Neema Village Tanzania Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in December 2013, 13 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, Neema Village Tanzania Inc reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $931k to $1.8m (+96%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neema Village Tanzania Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Pa Women Work an Affiliate of the National Network for Womens ($1.8m), Debt Management Credit Counseling Corp ($1.8m) and Dynamic Church Planting International ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.4% of the total. At year end it held assets of $1.9m against liabilities of $21k, net assets of $1.9m.