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Iowa · Nonprofit

Neighborhood Finance Corporation

Neighborhood Finance Corporation (Iowa) receives grants from 7 organizations whose IRS filings report $4,358,107 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA ($3,576,791). 7 of them have funded it in more than one year.

$11M
Revenue FY2024
7
Funders on record
$4.4M
Grants received
$65M
Net assets
7/7 repeat funderspeak grant-dependency 10%

Against its field

Neighborhood Finance Corporation runs a healthier operating margin than three-quarters of the 817 housing & shelter nonprofits its size.

Operating margin37% · top quartile
Months of reserve52.9mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($8.2M) Expenses 100 ($4.6M) Net assets 100 ($41M)2018 Revenue 153 ($13M) Expenses 106 ($4.9M) Net assets 119 ($48M)2019 Revenue 130 ($11M) Expenses 122 ($5.6M) Net assets 131 ($53M)2020 Revenue 74 ($6.1M) Expenses 131 ($6.0M) Net assets 131 ($53M)2021 Revenue 109 ($9.0M) Expenses 139 ($6.4M) Net assets 138 ($56M)2022 Revenue 83 ($6.8M) Expenses 144 ($6.6M) Net assets 138 ($56M)2023 Revenue 141 ($12M) Expenses 156 ($7.2M) Net assets 150 ($61M)2024 Revenue 139 ($11M) Expenses 156 ($7.2M) Net assets 161 ($65M)
'17'18'19'20'21'22'23'24
Revenue (139)Expenses (156)Net assets (161)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 65% · 2018 26% · 2019 43% · 2020 44% · 2021 51% · 2022 56% · 2023 65% · 2024 69%. Grants only. Government contracts and fees sit inside program revenue.

72% of Neighborhood Finance Corporation’s revenue is contributions — more donation-reliant than the typical peer (12% for the typical peer).

This organization
Typical peer · 865 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$3.6M
17
$7.7M
18
$5.0M
19
$73k
20
$2.5M
21
$159k
22
$4.4M
23
$4.2M
24
53
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 4 funders, grant income rose $430k → $692k.

Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest The Greater Cedar Rapids Community Foundation). These are real filings, and they are not money Neighborhood Finance Corporation raised.

From the IRS filings of Neighborhood Finance Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Neighborhood Finance Corporation leans on a few funders — its largest provides 82% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Neighborhood Finance Corporation.

82%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2017 92% · 2018 93% · 2019 91% · 2020 94% · 2021 93% · 2022 67% · 2023 62%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Neighborhood Finance Corporation draws 85% of its grant income from funders outside Iowa, across 5 states in all.

MT
MN
IA
NC
DC

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Iowa out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 7 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding Neighborhood Finance Corporation receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.8M on record.

Federal$4.8M
grants $4.8Mcontracts $0
18
21
23
Top agencies
  • Department of the Treasury$4.5M
  • Department of Housing and Urban Development$360k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Neighborhood Finance Corporation

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

16
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

91%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 2 related entities

  • NFC Properties LLC · disregarded
  • NFC Cedar Rapids LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Neighborhood Finance Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Neighborhood Finance Corporation?
Neighborhood Finance Corporation (Iowa) receives grants from 7 organizations whose IRS filings report $4,358,107 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA ($3,576,791). 7 of them have funded it in more than one year.
How many funders does Neighborhood Finance Corporation have?
IRS filings report 7 organizations giving $4,358,107 in grants to Neighborhood Finance Corporation, 7 of which have funded it in more than one year.
Who is the largest funder of Neighborhood Finance Corporation?
NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA is the largest funder on record, with $3,576,791 in grants. The full list of funders is on this page.
How can an organization like Neighborhood Finance Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing