United Way of Lincoln and Lancaster County Foundation

Analysis

United Way of Lincoln and Lancaster County Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, United Way of Lincoln and Lancaster County Foundation reported income of $1.4m and spending of $115k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $247k to $1.4m (+453%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 3913%. Over the whole period it spent 13% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Lincoln and Lancaster County Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include Nape Expo Charities Fund ($1.4m), Impact 100 Pensacola Bay Area Inc ($1.4m) and Bridges Community Resource Network Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $21k. At year end it held assets of $3.9m against liabilities of $3,974, net assets of $3.9m.