Neighborhood Villages Inc

Analysis

Neighborhood Villages Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Neighborhood Villages Inc reported income of $7.6m and spending of $6.7m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $118k to $7.6m (+6389%), an average of +130% a year. The sharpest change came in the year to June 2020, when income rose by 1208%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neighborhood Villages Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Southwestern Oklahoma State University Foundation Inc ($7.6m), Highscope Educational Research Foundation ($7.6m) and Achieve Atlanta Inc ($7.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $362k (5.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $7.3m against liabilities of $471k, net assets of $6.8m. It reported 29 employees.