Neighborhood Improvement Corporation

Analysis

Neighborhood Improvement Corporation is a registered charity in United States, based in Bartow, FL. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Improvement Corporation reported income of $76k and spending of $78k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $76k (+10%), an average of +10% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Improvement Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Vineyard Village ($76k), Threatt Filling Station ($76k) and Greensboro Womans Club Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. At year end it held assets of $38k against liabilities of $758, net assets of $38k.