Neighborhood Center of West Volusia Inc

Analysis

Neighborhood Center of West Volusia Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in September 1970, 56 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, Neighborhood Center of West Volusia Inc reported income of $3.3m and spending of $3.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.3m (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood Center of West Volusia Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include First Baptist Church of Clarendon Child Development Center ($3.3m), Wesleyan Foundation for Health and Aging Inc ($3.3m) and Eastwest Food Rescue ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $92k (2.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.2m against liabilities of $644k, net assets of $2.5m. It reported 60 employees.