Nexus Neighborhood Outreach

Analysis

Nexus Neighborhood Outreach is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nexus Neighborhood Outreach reported income of $56k and spending of $63k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $24k to $56k (+133%), an average of +133% a year. The sharpest change came in the year to June 2024, when income rose by 133%. Over the whole period it spent 138% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nexus Neighborhood Outreach sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Tucson Border Patrol Morale Welfare and Recreation ($56k), Whippany Park Touchdown Club ($56k) and Hope for Widows ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.