University of Nebraska Foundation

Analysis

University of Nebraska Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Nebraska Foundation reported income of $413.0m and spending of $338.5m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $344.4m to $413.0m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Nebraska Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NE. Charities of a similar size with the same main cause include Albert Einstein College of Medicine ($411.4m), Association of University Physicians ($415.2m) and University of Tampa ($408.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $1.3m (0.4% of expenses). Other salaries and wages came to $20.0m. It paid $200k in professional fundraising fees. At year end it held assets of $3.24bn against liabilities of $456.3m, net assets of $2.79bn. It reported 282 employees.