Omaha Community Foundation Donor Directed Depository

Analysis

Omaha Community Foundation Donor Directed Depository is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Omaha Community Foundation Donor Directed Depository reported income of $44.7m and spending of $44.9m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $44.2m to $44.7m (+1.1%), an average of +0.2% a year. The sharpest change came in the year to December 2019, when income dropped by 26%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Omaha Community Foundation Donor Directed Depository sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NE. Charities of a similar size with the same main cause include United Way of Middle Tennessee Inc ($44.6m), Monterey Peninsula Foundation ($44.9m) and Jewish Federation of Southern New Jersey ($44.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $49.2m against liabilities of $1.1m, net assets of $48.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.