Nebraska Trucking Foundation Inc

Analysis

Nebraska Trucking Foundation Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nebraska Trucking Foundation Inc reported income of $69k and spending of $132k, spending 191% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $69k (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 151%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nebraska Trucking Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NE. Charities of a similar size with the same main cause include Oxford Junior Football Golden Bears ($69k), Estes Valley Non Profit Resource Center ($69k) and Ridgeview High School Athletic Booster Club ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $891k against liabilities of $0, net assets of $891k.