Nebraska 4-H Foundation
Analysis
Nebraska 4-H Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Nebraska 4-H Foundation reported income of $2.8m and spending of $1.1m, leaving 61% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $857k to $2.8m (+233%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 422%. Over the whole period it spent 74% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Nebraska 4-H Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Minnesota Alliance with Youth ($2.8m), Washington Tennis & Education ($2.9m) and Girls Incorporated of Metro Denver ($2.8m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $202k (18% of expenses). Other salaries and wages came to $65k. At year end it held assets of $4.4m against liabilities of $442k, net assets of $3.9m. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 16%
- Other 67%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Minnesota Alliance with Youth | St Paul | $2.8m |
| Washington Tennis & Education | Washington | $2.9m |
| Girls Incorporated of Metro Denver | Denver | $2.8m |
| Olivet Boys and Girls Club of Reading and Berks County Inc | Reading | $2.9m |