Centering Corporation

Analysis

Centering Corporation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Centering Corporation reported income of $187k and spending of $175k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $187k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centering Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include Sarah Bush Lincoln Health Center Guild ($187k), Florida Coalition on Donation ($187k) and New Mexicare ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $90k (51% of expenses). At year end it held assets of $478k against liabilities of $72k, net assets of $406k. It reported 2 employees.