Houses of Hope of Nebraska Inc
Analysis
Houses of Hope of Nebraska Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in July 1969, 57 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Houses of Hope of Nebraska Inc reported income of $4.9m and spending of $4.8m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.4m to $4.9m (+13%), an average of +4.1% a year. Over the whole period it spent 95% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Houses of Hope of Nebraska Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within NE. Charities of a similar size with the same main cause include Delta Counseling Associates ($4.9m), Island Health Inc ($4.9m) and Jericho Project ($4.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $137k (2.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.2m against liabilities of $1.3m, net assets of $4.9m. It reported 89 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.0%
- Program services 95%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Delta Counseling Associates | Monticello | $4.9m |
| Island Health Inc | West Tisbury | $4.9m |
| Jericho Project | Brisbane | $4.9m |
| New Bethany | Los Banos | $4.9m |