Knights of Columbus Mental Retarda- Tion Foundation of Nebraska Inc

Analysis

Knights of Columbus Mental Retarda- Tion Foundation of Nebraska Inc is a registered charity in United States, based in Scottsbluff, NE. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Knights of Columbus Mental Retarda- Tion Foundation of Nebraska Inc reported income of $183k and spending of $184k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $195k to $183k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Knights of Columbus Mental Retarda- Tion Foundation of Nebraska Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include Real Estate Research Institute ($183k), Saranac Community Association ($183k) and Community Empowerment Project ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.