Nehemiah Community Revitalization Corporation

Analysis

Nehemiah Community Revitalization Corporation is a registered charity in United States, based in Greer, SC. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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 2022, Nehemiah Community Revitalization Corporation reported income of $805k and spending of $972k, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.0m to $805k (-22%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nehemiah Community Revitalization Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Jefferson Davis Council on the Aging Inc ($805k), Garden School Foundation Inc ($805k) and Rty Inc ($805k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.2% and program service revenue 101% of the total. Compensation of current officers, directors and key employees was $70k (7.2% of expenses). Other salaries and wages came to $205k. At year end it held assets of $10.7m against liabilities of $3.6m, net assets of $7.2m. It reported 5 employees.