Neighborhood House Inc

Analysis

Neighborhood House Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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, Neighborhood House Inc reported income of $2.2m and spending of $1.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.2m (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighborhood House Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within DE. Charities of a similar size with the same main cause include American Society of Heating Refrigerating & A-C Engineers ($2.2m), Poder in Action Inc ($2.2m) and Community Ems Incorporated ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.4% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $325k, net assets of $2.4m. It reported 57 employees.