Westminster Neighborhood Services Inc

Analysis

Westminster Neighborhood Services Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2014, 12 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, Westminster Neighborhood Services Inc reported income of $982k and spending of $1.1m, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $915k to $982k (+7.4%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westminster Neighborhood Services Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Hearts for Families Inc ($982k), Bethany Lutheran Open Arms Child Development Center Inc ($982k) and Desoto Council on the Aging Inc ($982k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $541k. At year end it held assets of $3.0m against liabilities of $851k, net assets of $2.1m. It reported 27 employees.