H L Neblett Community Center Inc

Analysis

H L Neblett Community Center Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in October 1967, 59 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 2024, H L Neblett Community Center Inc reported income of $1.5m and spending of $1.4m, spending 91% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $892k to $1.5m (+72%), an average of +12% a year. The sharpest change came in the year to April 2022, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H L Neblett Community Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Brookline Improvement Coalition Inc ($1.5m), Udac Inc ($1.5m) and Peds on Wheels LLC ($1.5m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $115k (8.2% of expenses). Other salaries and wages came to $680k. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m. It reported 41 employees.