Greater Omaha Chamber Foundation

Analysis

Greater Omaha Chamber Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 1981, 45 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, Greater Omaha Chamber Foundation reported income of $5.7m and spending of $5.7m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $12.3m to $5.7m (-53%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Omaha Chamber Foundation sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include Wisconsin Communty Action Program Association Incorporated ($5.7m), St Louis Counseling Inc ($5.7m) and Benedictine Foundation ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 14% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $5.9m against liabilities of $1.4m, net assets of $4.5m. It reported 35 employees.