Neighborhood Christian Centers Inc

Analysis

Neighborhood Christian Centers Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 1980, 46 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 June 2023, Neighborhood Christian Centers Inc reported income of $4.0m and spending of $4.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.0m (+74%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood Christian Centers Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include United Communities Against Poverty Inc ($4.0m), Ithaca Community Childcare Center ($4.0m) and Leading Into New Communities Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $256k (5.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.1m against liabilities of $683k, net assets of $3.4m. It reported 73 employees.