Neighborhood Network Alliance

Analysis

Neighborhood Network Alliance is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2019, 7 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 Network Alliance reported income of $425k and spending of $419k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $425k (+85%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Neighborhood Network Alliance 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 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Chestnut Hill Community Association Pa Inc ($425k), Safeways Incorporated ($425k) and Toms River Business Development Corporation ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (26% of expenses). Other salaries and wages came to $84k. At year end it held assets of $120k against liabilities of $18k, net assets of $101k. It reported 4 employees.