Neighbors and Neighbors Association Inc

Analysis

Neighbors and Neighbors Association Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Neighbors and Neighbors Association Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $2.2m (+31%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighbors and Neighbors Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Human Services Coalition of Tompkins County Inc ($2.2m), Harbel Community Organization Inc ($2.2m) and Bloomfield-Garfield Corp ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $169k (8.4% of expenses). Other salaries and wages came to $760k. At year end it held assets of $3.2m against liabilities of $275k, net assets of $2.9m. It reported 19 employees.