Nebraska Greats Foundation

Analysis

Nebraska Greats Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Nebraska Greats Foundation reported income of $1.2m and spending of $567k, leaving 51% of income unspent that year. Across the 6 years on record, from December 2017 to December 2023, income grew from $266k to $1.2m (+339%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Greats Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Warren Library Association ($1.2m), Marine Raider Foundation ($1.2m) and Hope of South Texas Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $67k (12% of expenses). Other salaries and wages came to $132k. At year end it held assets of $2.2m against liabilities of $579, net assets of $2.2m. It reported 3 employees.