Neighbor to Neighbor Ministries

Analysis

Neighbor to Neighbor Ministries is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Neighbor to Neighbor Ministries reported income of $1.7m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $711k to $1.7m (+135%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Neighbor to Neighbor Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Piedmont Inc ($1.7m), Boys & Girls Club of Camden County Inc ($1.7m) and Youth Development Company and Police Athletic Activities League ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $45k (2.9% of expenses). Other salaries and wages came to $890k. At year end it held assets of $1.5m against liabilities of $244k, net assets of $1.3m. It reported 19 employees.