Good Neighbors Inc

Analysis

Good Neighbors Inc is a registered charity in United States, based in Staffordsvlle, KY. It received its IRS tax-exemption ruling in February 2006, 20 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, Good Neighbors Inc reported income of $314k and spending of $273k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $255k to $314k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. 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, Good Neighbors Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Panhandle Antique Tractor and Engine Club Inc ($314k), Well Fed ($314k) and Camp David of the Ozarks Inc ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $33k (12% of expenses). At year end it held assets of $121k against liabilities of $5,422, net assets of $116k. It reported 1 employees.