Neighborhood Foundation NFP

Analysis

Neighborhood Foundation NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2006, 20 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 December 2023, Neighborhood Foundation NFP reported income of $51k and spending of $55k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $51k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Foundation NFP sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within IL. Charities of a similar size with the same main cause include Its Not Just Dinner ($51k), Adams County Bar Association ($51k) and Rockford Rotary Charitable Association ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.