Mid-Nebraska Individual Services Inc

Analysis

Mid-Nebraska Individual Services Inc is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in February 1971, 55 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 June 2024, Mid-Nebraska Individual Services Inc reported income of $15.4m and spending of $14.6m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $16.2m to $15.4m (-4.8%), an average of -1.2% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mid-Nebraska Individual Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NE. Charities of a similar size with the same main cause include Better Together Strengthening Families Inc ($15.4m), Interface Children Family Services ($15.4m) and Southwestern Connecticut Agency on Aging Inc ($15.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $187k (1.3% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $8.3m against liabilities of $1.6m, net assets of $6.7m. It reported 296 employees.