Neighbors Fundraising for Neighbors Inc

Analysis

Neighbors Fundraising for Neighbors Inc is a registered charity in United States, based in Monroe TWP, NJ. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Fundraising for Neighbors Inc reported income of $111k and spending of $109k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $111k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Neighbors Fundraising for Neighbors Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Preston Memorial Foundation I Incorporated ($111k), St Petersburg Civitan Foundation Inc ($111k) and Meadowbrook Athletic and Band Booster Corporation ($111k).

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 $99k against liabilities of $94k, net assets of $5,010.