Urban League of Nebraska

Analysis

Urban League of Nebraska is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 1948, 78 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 December 2023, Urban League of Nebraska reported income of $2.1m and spending of $3.4m, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $2.1m (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban League of Nebraska sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within NE. Charities of a similar size with the same main cause include Institute of Chung Hwa Buddhist Culture Inc ($2.1m), Creative Life Styles Inc ($2.1m) and Peace Neighborhood Center ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $220k (6.5% of expenses). Other salaries and wages came to $1.9m. It paid $127k in professional fundraising fees. At year end it held assets of $5.1m against liabilities of $251k, net assets of $4.8m. It reported 83 employees.