Nebraska Childrens Home Society Inc

Analysis

Nebraska Childrens Home Society Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Nebraska Childrens Home Society Inc reported income of $11.9m and spending of $11.8m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.9m to $11.9m (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nebraska Childrens Home Society Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NE. Charities of a similar size with the same main cause include Bethshan Association ($11.9m), Toledo Northwestern Ohio Foodbank Inc ($11.9m) and Indiana United Methodist Childrens Home Inc ($11.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $275k (2.3% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $6.9m against liabilities of $677k, net assets of $6.2m. It reported 132 employees.