Omaha Press Club Foundation Inc

Analysis

Omaha Press Club Foundation Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 1984, 42 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, Omaha Press Club Foundation Inc reported income of $62k and spending of $63k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $68k to $62k (-9.1%), an average of -2.3% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omaha Press Club Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NE. Charities of a similar size with the same main cause include Ridge Historical Society ($62k), PTA South Carolina Congress ($62k) and PTA California Congress of Parents Teachers & Students Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $778k against liabilities of $0, net assets of $778k.