Neighborhood Schools Inc

Analysis

Neighborhood Schools Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Neighborhood Schools Inc reported income of $555k and spending of $1.2m, spending 211% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $456k to $555k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neighborhood Schools Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Yeshiva Ruach Hatorah Inc ($555k), Texas Association of Collegiate Registrars & Admissions Officers ($555k) and The Magnolia School Inc ($554k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 7.4% of the total. At year end it held assets of $244k against liabilities of $101k, net assets of $143k.