Neighborhood Wellness Foundation

Analysis

Neighborhood Wellness Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 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 (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 Wellness Foundation reported income of $2.0m and spending of $1.9m, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $201k to $2.0m (+902%), an average of +116% a year. The sharpest change came in the year to December 2022, when income rose by 233%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Wellness Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include The Lift Garage ($2.0m), Kinaole Foundation ($2.0m) and Hyde Square Task Force Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $192k (10% of expenses). Other salaries and wages came to $643k. At year end it held assets of $1.2m against liabilities of $381k, net assets of $832k. It reported 25 employees.