Neighbor for Neighbor Inc

Analysis

Neighbor for Neighbor Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2024, 2 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 August 2023, Neighbor for Neighbor Inc reported income of $1.9m and spending of $2.0m, spending 106% of what it took in. Across the 3 years on record, from August 2018 to August 2023, income fell from $2.9m to $1.9m (-34%), an average of -19% a year. The sharpest change came in the year to August 2023, when income dropped by 39%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbor for Neighbor Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include New Path Inc ($1.9m), Kids in Distress Foundation Incorporated ($1.9m) and The Billionaire Womens Club Charity ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $125k (6.1% of expenses). Other salaries and wages came to $317k. At year end it held assets of $2.4m against liabilities of $11k, net assets of $2.3m. It reported 14 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.