NEIGHBORHOOD REINVESTMENT CORP

WASHINGTON, DC, 20002-6096 (202) 760-4000 Est. 1978 EIN 52-1148078
Form 990 501(c)(3)
WWW.NW.ORG

Mission

THE NEIGHBORHOOD REINVESTMENT CORPORATION (D.B.A NEIGHBORWORKS AMERICA) IS A CONGRESSIONALLY CHARTERED PUBLIC NON-PROFIT CORPORATION THAT CREATES OPPORTUNITIES FOR PEOPLE TO LIVE IN AFFORDABLE HOMES, IMPROVE THEIR LIVES, AND STRENGTHEN THEIR COMMUNITIES.

Giving Portfolio

Total Grants
2,310
Total Giving
$796.3M
Recipients
2,129
Years Active
2017 - 2023
Avg grant: $347,793 Median: $322,625

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2023328$115.5M $352K16312
2022326$136.6M $419K10316
2021335$145.7M $435K49286
2020290$108.2M $373K11278
2019389$104.2M $268K10277
2018364$96.2M $264K13273
2017278$89.9M $323K2780

Sectors Funded

Housing & Shelter
1302
Community Improvement
338
Human Services
167
Unknown
45
Philanthropy & Grantmaking
24
Mental Health & Crisis Intervention
14
Education
13
Religion-Related
11
and 8 more sectors

Top States

California
206
New York
149
Massachusetts
137
Florida
105
Texas
93
Ohio
83
District of Columbia
71
Michigan
71
and 43 more states

Grantee Size Profile

$10M - $50M
734
$1M - $5M
715
$5M - $10M
494
Over $50M
135
$500K - $1M
127
$100K - $500K
36
Under $100K
4

Top Grantees

and 15 more grantees

Grants Awarded · 2252 grants

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Financials

Total Revenue
$205,720,440
Total Expenses
$198,777,904
Net Assets
$27,216,184
337 employees 5 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
1.6 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 11.5%
Expenses ↓ 9.6%
Revenue Sources
Contributions 93.9% Earned revenue 2.7% Investment 1.9% Other 1.0%
Expense Breakdown
Program 93.2% Management 5.9% Fundraising 0.9%

Officers & Trustees (18)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990$205,720,440 $198,777,904$27,216,184
2022 Form 990$232,444,681 $219,987,893$20,273,332
2021 Form 990$227,298,867 $228,132,635$7,804,938
2020 Form 990$178,835,450 $187,377,597$8,645,295
2019 Form 990$187,707,594 $193,012,966$17,188,404
2018 Form 990$172,554,294 $199,580,101$22,485,406
2017 Form 990$168,077,861 $216,277,384$49,517,346

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EIN: 52-1148078 · Source: IRS Form 990 e-file data