Overbrook West Neighbors

Analysis

Overbrook West Neighbors is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Overbrook West Neighbors reported income of $410k and spending of $149k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $233k to $410k (+76%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 39170%. Over the whole period it spent 43% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Overbrook West Neighbors sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include West Indianapolis Development Corp ($410k), Dineh Cooperatives Inc ($410k) and The Decade Project ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $610k against liabilities of $0, net assets of $610k.