Grand Island Concert Association of Grand Island Nebraska Inc

Analysis

Grand Island Concert Association of Grand Island Nebraska Inc is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in August 1993, 33 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 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 February 2023, Grand Island Concert Association of Grand Island Nebraska Inc reported income of $96k and spending of $89k, spending 93% of its income. Across the 2 years on record, from February 2022 to February 2023, income grew from $70k to $96k (+36%), an average of +36% a year. The sharpest change came in the year to February 2023, when income rose by 36%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grand Island Concert Association of Grand Island Nebraska Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include Christ Among Neigbors ($96k), Southern Tier Enterprise Development Organization Inc ($96k) and Miraloma Park Improvement Club ($96k).

On its Form 990-EZ for the period ending February 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.