Millard Business Community Foundation

Analysis

Millard Business Community Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 2010, 16 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 December 2023, Millard Business Community Foundation reported income of $101k and spending of $131k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $101k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. 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, Millard Business Community Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NE. Charities of a similar size with the same main cause include Lincoln Park High School Booster Club Inc ($101k), Los Angeles Robotics ($101k) and Kentucky Dental Foundation Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.