Central Nebraska Lutheran School Foundation

Analysis

Central Nebraska Lutheran School Foundation is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2020, Central Nebraska Lutheran School Foundation reported income of $74k and spending of $98k, spending 132% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $109k to $74k (-32%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Nebraska Lutheran School Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Yuba Watershed Institute ($74k), Charger Band Boosters ($74k) and Walker Elementary PTO ($74k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.