Leading Age Nebraska

Analysis

Leading Age Nebraska is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Leading Age Nebraska reported income of $364k and spending of $383k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $364k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Leading Age Nebraska sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NE. Charities of a similar size with the same main cause include Tri-County Senior Citizens & Housing Inc ($364k), Rockland Mha Holding Inc ($364k) and Manteca Senior Housing Corporation ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $115k (30% of expenses). Other salaries and wages came to $30k. At year end it held assets of $167k against liabilities of $0, net assets of $167k. It reported 2 employees.