Superior Community Corporation Inc

Analysis

Superior Community Corporation Inc is a registered charity in United States, based in Superior, NE. It received its IRS tax-exemption ruling in January 1993, 33 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, Superior Community Corporation Inc reported income of $400k and spending of $234k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $400k (+122%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Superior Community Corporation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NE. Charities of a similar size with the same main cause include Libertore Fund for Children Inc ($400k), True Freedom Enterprises ($400k) and NCR Charity Corporation ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $38k. At year end it held assets of $941k against liabilities of $491k, net assets of $450k. It reported 4 employees.