Omaha Quilters Guild Inc

Analysis

Omaha Quilters Guild Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Omaha Quilters Guild Inc reported income of $75k and spending of $72k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $66k to $75k (+14%), an average of +14% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Omaha Quilters Guild Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NE. Charities of a similar size with the same main cause include Northwest Sacred Music Chorale Inc ($75k), Minter Field Air Museum Inc ($75k) and Bulgarian Cultural and Heritage Center of Seattle ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 66% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.