Omaha Homeschool Learning Center
Analysis
Omaha Homeschool Learning Center is a registered charity in United States, based in Bellevue, NE. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Omaha Homeschool Learning Center reported income of $280k and spending of $283k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $160k to $280k (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Omaha Homeschool Learning Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include Literacy Volunteers of Bangor ($280k), Mansfield High School Tiger Band Boosters ($280k) and Virginia School Consortium for Learning ($280k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $138k (49% of expenses). Other salaries and wages came to $58k. At year end it held assets of $138k against liabilities of $7,981, net assets of $130k. It reported 65 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.4%
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Literacy Volunteers of Bangor | Bangor | $280k |
| Mansfield High School Tiger Band Boosters | Mansfield | $280k |
| Virginia School Consortium for Learning | Gordonsville | $280k |
| Friends of Westminster | Venice | $280k |