Association of Students of the University of Nebraska

Analysis

Association of Students of the University of Nebraska is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 1973, 53 years ago. 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 June 2023, Association of Students of the University of Nebraska reported income of $633k and spending of $734k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $670k to $633k (-5.5%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Students of the University of Nebraska sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NE. Charities of a similar size with the same main cause include Acadiana Open Channel Inc ($633k), Institute for Natural Medicine ($633k) and Literacy New York Buffalo-Niagara Inc ($633k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $354k (48% of expenses). At year end it held assets of $3.5m against liabilities of $2.9m, net assets of $629k.