Neighbors Helping Neighbors of Amherst County Inc

Analysis

Neighbors Helping Neighbors of Amherst County Inc is a registered charity in United States, based in Madison HTS, VA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Neighbors Helping Neighbors of Amherst County Inc reported income of $324k and spending of $316k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $486k to $324k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbors Helping Neighbors of Amherst County Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Adaptive Alliance Inc ($324k), Casa of the Tennessee Valley ($324k) and Reynolds County Sheltered Workshop ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2,870. At year end it held assets of $425k against liabilities of $555, net assets of $425k. It reported 1 employees.