Nehemiah Group

Analysis

Nehemiah Group is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Nehemiah Group reported income of $1.8m and spending of $1.0m, leaving 42% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $199k to $1.8m (+779%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nehemiah Group sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Right Place Foundation ($1.7m), Monterey Park Lions Club Senior Citizens Housing Corporation ($1.8m) and Workforce Professionals Traininginstitute ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $125k (12% of expenses). Other salaries and wages came to $120k. At year end it held assets of $935k against liabilities of $17k, net assets of $918k. It reported 11 employees.