First Presbyterian Church Foundation of Hastings Nebraska

Analysis

First Presbyterian Church Foundation of Hastings Nebraska is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Presbyterian Church Foundation of Hastings Nebraska reported income of $99k and spending of $74k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $182k to $99k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Presbyterian Church Foundation of Hastings Nebraska sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NE. Charities of a similar size with the same main cause include International Sports Academy LLC ($99k), Masters Music Co of Plano Inc ($99k) and Prayer and Share Ministries Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.