United Way of South Central Nebraska Inc

Analysis

United Way of South Central Nebraska Inc is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in October 1972, 54 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, United Way of South Central Nebraska Inc reported income of $1.1m and spending of $1.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $1.1m (+128%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of South Central Nebraska Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NE. Charities of a similar size with the same main cause include United Way of Kenosha County ($1.1m), Girard Free Library ($1.1m) and Huron County Community Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $78k (6.6% of expenses). Other salaries and wages came to $243k. At year end it held assets of $1.4m against liabilities of $598k, net assets of $770k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.