Western Nebraska Community College Foundation

Analysis

Western Nebraska Community College Foundation is a registered charity in United States, based in Scottsbluff, NE. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Western Nebraska Community College Foundation reported income of $1.5m and spending of $1.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.5m (-30%), an average of -8.4% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Nebraska Community College Foundation 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 83rd percentile, and in the 83rd percentile within NE. Charities of a similar size with the same main cause include Upland Hills Farm School ($1.5m), Grace Montessori Academy Inc ($1.5m) and Lexington Universal Academy Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $87k (7.0% of expenses). Other salaries and wages came to $34k. At year end it held assets of $8.4m against liabilities of $2.0m, net assets of $6.4m. It reported 2 employees.