Boys and Girls Home of Nebraska Inc

Analysis

Boys and Girls Home of Nebraska Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys and Girls Home of Nebraska Inc reported income of $187k and spending of $275k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $187k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 144% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boys and Girls Home of Nebraska Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Mount Washington Valley Supports Recovery Coalition ($187k), Alive Community Outreach Inc ($187k) and Mintos Abc Daycare ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $66k. At year end it held assets of $1.1m against liabilities of $577k, net assets of $522k. It reported 1 employees.

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.