New Neighbors Partnership Association

Analysis

New Neighbors Partnership Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, 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, New Neighbors Partnership Association reported income of $443k and spending of $440k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $208k to $443k (+114%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Neighbors Partnership Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Quad Cities Open Network ($443k), Haddis Ministries Incorporated ($443k) and Snowbasin Adaptive Sports Education Foundation ($443k).

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 $63k (14% of expenses). Other salaries and wages came to $184k. At year end it held assets of $127k against liabilities of $4,376, net assets of $123k. It reported 8 employees.