Neighbor Helping Neighbor Food Bank Inc

Analysis

Neighbor Helping Neighbor Food Bank Inc is a registered charity in United States, based in New Bloomfld, PA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Neighbor Helping Neighbor Food Bank Inc reported income of $712k and spending of $739k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $606k to $712k (+17%), an average of +8.4% a year. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbor Helping Neighbor Food Bank Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include New Life Community Developement Center ($712k), Amaana Hands ($712k) and Angelic Ministries International Inc ($711k).

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 $54k (7.3% of expenses). Other salaries and wages came to $33k. At year end it held assets of $144k against liabilities of $597, net assets of $143k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.