Neighbors in Need Inc

Analysis

Neighbors in Need Inc is a registered charity in United States, based in Marshall, NC. It received its IRS tax-exemption ruling in March 1983, 43 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 April 2023, Neighbors in Need Inc reported income of $112k and spending of $80k, leaving 29% of income unspent that year. Across the 2 years on record, from April 2022 to April 2023, income grew from $77k to $112k (+45%), an average of +45% a year. The sharpest change came in the year to April 2023, when income rose by 45%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neighbors in Need Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Mississippi Bankruptcy Conference Inc ($112k), Coolidge Foundation Inc ($112k) and New Orleans Delta Foundation Inc ($112k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.