Neighborhood House Incorporated

Analysis

Neighborhood House Incorporated is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1959, 67 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, Neighborhood House Incorporated reported income of $36.9m and spending of $36.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.0m to $36.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood House Incorporated sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Minuteman Senior Services Inc ($36.9m), Jewish Child and Family Services ($36.9m) and Presbyterian Home at Charlotte Inc ($36.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $440k (1.2% of expenses). Other salaries and wages came to $22.5m. At year end it held assets of $31.2m against liabilities of $10.7m, net assets of $20.5m. It reported 410 employees.