Nebraska Masonic Home Foundation

Analysis

Nebraska Masonic Home Foundation is a registered charity in United States, based in Plattsmouth, NE. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 April 2024, Nebraska Masonic Home Foundation reported income of $6.4m and spending of $7.1m, spending 112% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $6.0m to $6.4m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to April 2024, when income rose by 176%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nebraska Masonic Home Foundation 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 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include Clifton Park & Halfmoon Emergency Corps Inc ($6.3m), North Shore-Lij Medical Group at Syosset PC ($6.4m) and Casa Colina Centers for Rehabilitation Foundation ($6.3m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 27% of the total. Other salaries and wages came to $155k. At year end it held assets of $64.3m against liabilities of $266k, net assets of $64.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.