Neighborhood Industries

Analysis

Neighborhood Industries is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neighborhood Industries reported income of $2.9m and spending of $3.8m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.9m (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood Industries sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Community Food Clubs ($2.9m), Meals From the Heartland ($2.9m) and Reach Beyond Domestic Violence Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $112k (2.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.0m against liabilities of $3.4m, net assets of -$355k. It reported 106 employees.