Neighbors Building Neighborhoods Inc

Analysis

Neighbors Building Neighborhoods Inc is a registered charity in United States, based in Muskogee, OK. It received its IRS tax-exemption ruling in November 2001, 25 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 Building Neighborhoods Inc reported income of $4.6m and spending of $3.8m, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.2m to $4.6m (+114%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighbors Building Neighborhoods Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Mid-America Regional Council Community Services Corporation ($4.6m), Working Wardrobes for a New Start ($4.6m) and Foundation for an Independent Tomorrow ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $4.0m against liabilities of $17k, net assets of $3.9m. It reported 35 employees.