Northstar Foundation

Analysis

Northstar Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Northstar Foundation reported income of $5.5m and spending of $4.8m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $5.5m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Northstar Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within NE. Charities of a similar size with the same main cause include United Playaz Inc ($5.5m), Youth for Tomorrow Foundation ($5.5m) and Maccabi World Union Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $234k (4.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $37.0m against liabilities of $260k, net assets of $36.7m. It reported 108 employees.