Neighbor to Neighbor Inc

Analysis

Neighbor to Neighbor Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Neighbor to Neighbor Inc reported income of $25.3m and spending of $27.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $25.3m (+806%), an average of +74% a year. The sharpest change came in the year to June 2021, when income rose by 430%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighbor to Neighbor Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Village at Orchard Ridge Inc ($25.3m), San Diego Rescue Mission Inc ($25.3m) and RTH Mission Park Realty Corporation ($25.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $232k (0.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $19.7m against liabilities of $8.5m, net assets of $11.2m. It reported 79 employees.