Old Omaha Association Inc

Analysis

Old Omaha Association Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 1979, 47 years ago. 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, Old Omaha Association Inc reported income of $175k and spending of $182k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $175k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Omaha Association Inc 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 51st percentile, and in the 49th percentile within NE. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($175k), United Daughters of the Confederacy ($175k) and Haven House Inc ($175k).

Other salaries and wages came to $49k. At year end it held assets of $872k against liabilities of $0, net assets of $872k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.