Neighborhood Engagement Hub

Analysis

Neighborhood Engagement Hub is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in December 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neighborhood Engagement Hub reported income of $543k and spending of $494k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $543k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Engagement Hub sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Cora Community Outreach ($542k), Kalamazoo Center for Youth & Community ($543k) and Maryland-Israel Development Center Inc ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $70k (14% of expenses). At year end it held assets of $309k against liabilities of $110k, net assets of $199k. It reported 6 employees.