Neighborhood Design Center Inc

Analysis

Neighborhood Design Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1989, 37 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 June 2023, Neighborhood Design Center Inc reported income of $2.1m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.1m (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Design Center Inc 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 85th percentile within MD. Charities of a similar size with the same main cause include Community Investment Collaborative ($2.1m), Big Sky Economic Development Corporation ($2.1m) and Community Vocational Services Incorporated ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $140k (7.2% of expenses). Other salaries and wages came to $949k. At year end it held assets of $930k against liabilities of $268k, net assets of $662k. It reported 24 employees.