Southwest Neighborhood Assembly Inc

Analysis

Southwest Neighborhood Assembly Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1964, 62 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, Southwest Neighborhood Assembly Inc reported income of $128k and spending of $166k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $128k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Neighborhood Assembly Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 23rd percentile within DC. Charities of a similar size with the same main cause include Buy-In Community Planning Inc ($128k), Eastern Washington University Alumni Association ($128k) and Hitchcock Family Welfare Service ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $131k against liabilities of $17k, net assets of $114k.