House of Neighborly Service

Analysis

House of Neighborly Service is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in January 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, House of Neighborly Service reported income of $2.8m and spending of $3.0m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $2.8m (+50%), an average of +8.5% a year. The sharpest change came in the year to June 2020, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Neighborly Service sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Geokids ($2.8m), Cosmetic Executive Women Foundation Ltd ($2.8m) and West Texas Boys Ranch Foundation ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $82k (2.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $8.6m against liabilities of $2.1m, net assets of $6.5m. It reported 38 employees.