Neshoba Community Center Inc

Analysis

Neshoba Community Center Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neshoba Community Center Inc reported income of $474k and spending of $516k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.0m to $474k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neshoba Community Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Place of Hope Ministries Inc ($474k), Child International ($474k) and Chicago Foundlings Home ($474k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $49k (9.5% of expenses). Other salaries and wages came to $275k. At year end it held assets of $524k against liabilities of $0, net assets of $524k. It reported 9 employees.