Nebraska Innovation Campus Development Corporation

Analysis

Nebraska Innovation Campus Development Corporation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nebraska Innovation Campus Development Corporation reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $541k to $1.3m (+144%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nebraska Innovation Campus Development Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include Imagine Middle at East Mesa Inc ($1.3m), A Red Circle ($1.3m) and Cecil College Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $2.8m against liabilities of $1.8m, net assets of $1.0m.