Voices of Hope of Lincoln Inc

Analysis

Voices of Hope of Lincoln Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in December 1993, 33 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 June 2023, Voices of Hope of Lincoln Inc reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.3m (+11%), an average of +3.5% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Voices of Hope of Lincoln Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include Community Health Services Inc ($1.3m), Orlando Day Nursery Association ($1.3m) and Birth Choice Centers Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (3.1% of expenses). Other salaries and wages came to $876k. At year end it held assets of $772k against liabilities of $96k, net assets of $676k. It reported 30 employees.