Sowers Club of Nebraska Foundation

Analysis

Sowers Club of Nebraska Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in March 1987, 39 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 June 2023, Sowers Club of Nebraska Foundation reported income of $145k and spending of $215k, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $149k to $145k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income rose by 177%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sowers Club of Nebraska Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NE. Charities of a similar size with the same main cause include Iq for Kids Inc ($145k), Bullet Athletics Inc ($145k) and Eductional Assistance Fund Inc ($145k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% of the total. Other salaries and wages came to $35k. At year end it held assets of $2.9m against liabilities of $9,349, net assets of $2.9m. It reported 1 employees.