Neighborlink Fort Wayne Foundation Inc

Analysis

Neighborlink Fort Wayne Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in May 2004, 22 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 October 2023, Neighborlink Fort Wayne Foundation Inc reported income of $833k and spending of $770k, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $573k to $833k (+45%), an average of +9.8% a year. The sharpest change came in the year to October 2023, when income rose by 22%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborlink Fort Wayne Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include BTV Access Corp ($832k), Idaho Freedom Foundation Inc ($833k) and Commuter Link Incorporated ($832k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $91k (12% of expenses). Other salaries and wages came to $308k. At year end it held assets of $590k against liabilities of $25k, net assets of $565k. It reported 8 employees.