Neighborgood Partners Inc

Analysis

Neighborgood Partners Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in February 1958, 68 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 September 2023, Neighborgood Partners Inc reported income of $7.9m and spending of $5.8m, leaving 27% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.6m to $7.9m (+40%), an average of +8.8% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborgood Partners Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within DE. Charities of a similar size with the same main cause include Delta Community Action Foundation Inc ($7.9m), Family Nurturing Center of Massachusetts Inc ($7.9m) and Merakey Bucks County ($7.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $42.5m against liabilities of $22.9m, net assets of $19.6m. It reported 46 employees.