Scottish Rite Foundation of Nebraska Inc

Analysis

Scottish Rite Foundation of Nebraska Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Scottish Rite Foundation of Nebraska Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $888k to $1.0m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Scottish Rite Foundation of Nebraska Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include Kirk H and Joann P Gibson Family Foundation for Parkinsons Research ($1.0m), Dahlias Hope Non Profit Inc ($1.0m) and Froedtert West Bend Hospital Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Other salaries and wages came to $63k. At year end it held assets of $12.1m against liabilities of $0, net assets of $12.1m.