Neighborhood Resilience Project

Analysis

Neighborhood Resilience Project is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 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 (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, Neighborhood Resilience Project reported income of $1.8m and spending of $2.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $584k to $1.8m (+212%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 169%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Resilience Project sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Root Change ($1.8m), Spirit of Springfield Inc ($1.8m) and Visitors Center Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $80k (3.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.5m against liabilities of $223k, net assets of $2.2m. It reported 47 employees.