Good Neighbors Inc

Analysis

Good Neighbors Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in October 1960, 66 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 December 2023, Good Neighbors Inc reported income of $117k and spending of $109k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $169k to $117k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Neighbors Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Meghans Mountain Charitablefoundation Inc ($117k), Shannons Home ($117k) and Comfort Corner ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 34% of the total. Other salaries and wages came to $46k. At year end it held assets of $125k against liabilities of $556, net assets of $124k. It reported 12 employees.