Dana College Foundation Inc

Analysis

Dana College Foundation Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 2007, 19 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 December 2023, Dana College Foundation Inc reported income of $50k and spending of $33k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $52k to $50k (-2.6%), an average of -1.3% a year. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dana College Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Minot Area Community Foundation ($50k), Louie R Merlo Foundation ($50k) and Zachary Charity League ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $455k against liabilities of $0, net assets of $455k.