Humphrey Community Foundation
Analysis
Humphrey Community Foundation is a registered charity in United States, based in Humphrey, NE. It received its IRS tax-exemption ruling in November 1994, 32 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, Humphrey Community Foundation reported income of $573k and spending of $789k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $573k (+132%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 270%. Over the whole period it spent 64% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Humphrey Community Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include Newlife Homes Inc ($573k), Keeseville Country Gardens Inc ($573k) and Equestrians Institute ($573k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $86k (11% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.3m against liabilities of $28k, net assets of $1.3m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 36%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Newlife Homes Inc | Albuquerque | $573k |
| Keeseville Country Gardens Inc | Columbus | $573k |
| Equestrians Institute | Kenmore | $573k |
| Bakken Oil Rush Watford City Outreach | Watford City | $573k |