Neighborhood Forest Inc

Analysis

Neighborhood Forest Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Neighborhood Forest Inc reported income of $308k and spending of $281k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $211k to $308k (+46%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Neighborhood Forest Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include National Watershed Coalition ($308k), Chay Environmental ($308k) and Rapha Road Inc ($307k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Other salaries and wages came to $77k. At year end it held assets of $33k against liabilities of $6,632, net assets of $26k.