Good Neighbor Village Inc

Analysis

Good Neighbor Village Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Good Neighbor Village Inc reported income of $586k and spending of $706k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $523k to $586k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Neighbor Village Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Horn Farm Center for Agricultural Education ($586k), DC Dreamcenter ($586k) and Cars 4 Kids Foundation Inc ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $19k (2.6% of expenses). Other salaries and wages came to $362k. At year end it held assets of $1.8m against liabilities of $3,531, net assets of $1.8m. It reported 15 employees.