Neighbor by Neighbor

Analysis

Neighbor by Neighbor is a registered charity in United States, based in Union Pier, MI. 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, Neighbor by Neighbor reported income of $489k and spending of $589k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $777k to $489k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighbor by Neighbor sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Feeding Children International of Stewart ($489k), Gods Outreach Madison County Food Bank ($489k) and Beit Sahour USA Organization ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $97k (16% of expenses). Other salaries and wages came to $166k. At year end it held assets of $445k against liabilities of $41k, net assets of $404k. It reported 6 employees.