Neighborspace is a 501(c)(3) organization based in Chicago, Illinois, registered in 1997, with $3,673,257 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.7M
▲ 47.6% vs prior year
Community median: $184K
Expenses (FY2024)
$3.3M
Net assets
$8.8M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Neighborspace— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Neighborspace: 32 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Neighborspace— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Neighborspace: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.4M (FY2018) to $3.7M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.0M
Total liabilities
$141K
Net assets
$8.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,673,257▲47.6% | $3,290,972▲68.9% | $8,834,478▲4.5% | $8,975,248▲4.4% | 990 |
| 2023 | $2,488,485▲19.3% | $1,949,042▲14.5% | $8,452,193▲6.8% | $8,596,509▲7.0% | 990 |
| 2022 | $2,086,640▲0.7% | $1,702,549▲12.3% | $7,912,750▲5.1% | $8,030,939▲6.4% | 990 |
| 2021 | $2,071,186▼14.0% | $1,515,621▼14.2% | $7,528,659▲8.0% | $7,551,211▲5.6% | 990 |
| 2020 | $2,409,546▲168% | $1,765,624▲83.5% | $6,973,094▲10.2% | $7,151,556▲12.6% | 990 |
| 2019 | $897,598▼37.8% | $961,997▼8.4% | $6,329,172▼1.0% | $6,349,083▼1.2% | 990 |
| 2018 | $1,442,052 | $1,050,489 | $6,393,571 | $6,424,938 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
40 grants to Neighborspace totaling $2.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $79,180 |
| United Way of Metropolitan Chicago Inc | Program support | 2024 | $53,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $198,500 |
| National Fish and Wildlife Foundation | Nature-based infrastructure in south chicago | 2023 | $80,905 |
| Paypal Charitable Giving Fund | — | 2023 | $80,687 |
| Morton Arboretum | Urban & community forestry community program | 2023 | $24,273 |
| Central Indiana Community Foundation Inc | From vacant lots to farms & gardens: a capacity bu | 2022 | $150,000 |
| The Chicago Community Trust | Support for the south side, general operating support, to support the green infrastructure refresh and related community engagement at farmworks as part of the nature near transit work. | 2022 | $131,000 |
| Paypal Charitable Giving Fund | General support | 2022 | $49,047 |
| Nature Conservancy | Conservation activities | 2022 | $13,000 |
| The Chicago Community Trust | To provide programming to build community cohesion through the chicago fund for safe and peaceful communities. support of food production on publicly owned underutilized land in chicago and cook county, from the searle funds at the chicago community trust. | 2021 | $159,500 |
| The Chicago Community Trust | To provide programming to build community cohesion through the chicago fund for safe and peaceful communities. support of food production on publicly owned underutilized land in chicago and cook county, from the searle funds at the chicago community trust. | 2021 | $159,500 |
| Paypal Charitable Giving Fund | General support | 2021 | $70,078 |
| Central Indiana Community Foundation Inc | Community farm programming | 2021 | $25,000 |
| National Philanthropic Tr | Public, societal benefit | 2021 | $20,000 |
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Data for Neighborspace (EIN 36-4105593) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.