Walltown Neighborhood Ministries Inc

Analysis

Walltown Neighborhood Ministries Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2000, 26 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 June 2024, Walltown Neighborhood Ministries Inc reported income of $77k and spending of $62k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $77k (+10%), an average of +10% a year. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Walltown Neighborhood Ministries Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Sheriffs Office Foundation of Washington County Oregon ($77k), Shawano Pathways Organization for Kids Enviroment & Safety ($77k) and Society of Quantitative Analysts Inc ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $2,452, net assets of $134k.