Neighbor to Neighbor of Springtown Inc

Analysis

Neighbor to Neighbor of Springtown Inc is a registered charity in United States, based in Springtown, TX. It received its IRS tax-exemption ruling in September 1989, 37 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, Neighbor to Neighbor of Springtown Inc reported income of $72k and spending of $61k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $72k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. 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, Neighbor to Neighbor of Springtown Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Thanks Program Inc ($72k), Christian Homes for Children Inc ($72k) and Mdo Care Foundation Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.