Grand Rapids Nehemiah Project

Analysis

Grand Rapids Nehemiah Project is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in June 2017, 9 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, Grand Rapids Nehemiah Project reported income of $2.5m and spending of $2.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.5m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grand Rapids Nehemiah Project sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Buckner Foundation ($2.5m), Keren Simchas Chosson Ve Kallah Inc ($2.5m) and Involve MN ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $172k (6.3% of expenses). At year end it held assets of $4.3m against liabilities of $649k, net assets of $3.7m. It reported 59 employees.