Nebraska Health Care Foundation

Analysis

Nebraska Health Care Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 1992, 34 years ago. 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 December 2023, Nebraska Health Care Foundation reported income of $104k and spending of $170k, spending 163% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $678k to $104k (-85%), an average of -46% a year. The sharpest change came in the year to December 2021, when income dropped by 75%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Health Care Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NE. Charities of a similar size with the same main cause include Lake County Historical Society ($104k), Texas Radiological Society Foundation ($104k) and Sportsmens Club of Lake Vermilion Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $440k against liabilities of $5,659, net assets of $434k.