Neighbors Together Inc

Analysis

Neighbors Together Inc is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in October 1992, 34 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, Neighbors Together Inc reported income of $1.4m and spending of $1.8m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.4m (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbors Together Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Pathways Inc ($1.4m), Prescott Meals on Wheels ($1.4m) and Nourish Meals on Wheels ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $225k (13% of expenses). Other salaries and wages came to $542k. At year end it held assets of $4.1m against liabilities of $2.2m, net assets of $1.9m. It reported 29 employees.