Neighbor 2 Neighbor

Analysis

Neighbor 2 Neighbor is a registered charity in United States, based in Whites Creek, TN. It received its IRS tax-exemption ruling in October 2000, 26 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, Neighbor 2 Neighbor reported income of $237k and spending of $304k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $237k (+244%), an average of +36% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 196% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbor 2 Neighbor sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Servantworks Inc ($237k), Hope Early Learning Center Corporation ($237k) and Community Activities Inc of Ardmore ($237k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $75k (25% of expenses). Other salaries and wages came to $28k. At year end it held assets of $390k against liabilities of $13k, net assets of $377k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.