Neighborhood House

Analysis

Neighborhood House is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1972, 54 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 House reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.5m (+69%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood House sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Feeding Greene Inc ($2.5m), North Valley Food Bank Inc ($2.5m) and Safe Connections ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $273k (12% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.8m against liabilities of $142k, net assets of $2.7m. It reported 61 employees.