Neriah Community Development Corporation

Analysis

Neriah Community Development Corporation is a registered charity in United States, based in Cayce, SC. It received its IRS tax-exemption ruling in November 2004, 22 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 2023, Neriah Community Development Corporation reported income of $148k and spending of $198k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $348k to $148k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neriah Community Development Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Caroline Kline Galland Test Trust ($148k), Solano County Swat ($148k) and Bothell Family Cooperative Preschool ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $13k against liabilities of $93k, net assets of -$79k.