Nebraska Lawyers Trust Account Foundation

Analysis

Nebraska Lawyers Trust Account Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nebraska Lawyers Trust Account Foundation reported income of $894k and spending of $650k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $274k to $894k (+227%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 131% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Nebraska Lawyers Trust Account Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NE. Charities of a similar size with the same main cause include Advocacy Center for Children of Galveston County ($894k), Casa of Ventura County Inc ($895k) and Heartbeats for Life ($894k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $445k against liabilities of $1,606, net assets of $444k. It reported 2 employees.