Organizing Neighborhood Equity

Analysis

Organizing Neighborhood Equity is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Organizing Neighborhood Equity reported income of $810k and spending of $600k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $810k (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 47% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Organizing Neighborhood Equity sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 51st percentile within DC. Charities of a similar size with the same main cause include Margaret McDowell Associates Inc ($810k), Pine Vale Childrens Home Inc ($811k) and Ashtabula Homeless Shelter Inc ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $79k. At year end it held assets of $5.6m against liabilities of $109k, net assets of $5.5m. It reported 7 employees.