Nebraska Methodist Hospital Foundation

Analysis

Nebraska Methodist Hospital Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Nebraska Methodist Hospital Foundation reported income of $14.3m and spending of $15.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $31.9m to $14.3m (-55%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nebraska Methodist Hospital Foundation sits at the 86th percentile: it is larger than about 86% 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 Ibn Sina Foundation Inc ($14.3m), Metropolitan Family Health Network Inc ($14.3m) and Friends House Retirement Community Inc ($14.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $739k. At year end it held assets of $162.8m against liabilities of $1.9m, net assets of $160.8m. It reported 8 employees.