Neighborimpact

Analysis

Neighborimpact is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in February 1986, 40 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 June 2023, Neighborimpact reported income of $43.3m and spending of $39.9m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.4m to $43.3m (+136%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 79%. 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, Neighborimpact sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include Fraser ($43.3m), Queens Community House Inc ($43.4m) and Young Mens Christian Association of Long Island Inc ($43.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $153k (0.4% of expenses). Other salaries and wages came to $11.6m. At year end it held assets of $33.1m against liabilities of $9.3m, net assets of $23.8m. It reported 326 employees.