West Central Nebraska Dev District

Analysis

West Central Nebraska Dev District is a registered charity in United States, based in Ogallala, NE. It received its IRS tax-exemption ruling in January 2000, 26 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 June 2023, West Central Nebraska Dev District reported income of $855k and spending of $519k, leaving 39% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $446k to $855k (+92%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 134%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Central Nebraska Dev District sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NE. Charities of a similar size with the same main cause include Trec Special Events Inc ($854k), Project Rebuild ($855k) and The Brevard Neighborhood Development Coalition Inc ($854k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). Other salaries and wages came to $218k. At year end it held assets of $1.3m against liabilities of $226k, net assets of $1.1m. It reported 7 employees.