Niobrara Valley Development Corporation

Analysis

Niobrara Valley Development Corporation is a registered charity in United States, based in Lynch, NE. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2023, Niobrara Valley Development Corporation reported income of $70k and spending of $163k, spending 232% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $70k to $70k (-0.6%), an average of -0.2% a year. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Niobrara Valley Development Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within NE. Charities of a similar size with the same main cause include Sunrise Rotary Club of Yakima Charities ($70k), Bean Factory ($70k) and Lift Bridge Community Association ($70k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $892k against liabilities of $0, net assets of $892k.