Better Ponca Foundation Inc

Analysis

Better Ponca Foundation Inc is a registered charity in United States, based in Ponca, NE. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Better Ponca Foundation Inc reported income of $162k and spending of $143k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $268k to $162k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Better Ponca Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NE. Charities of a similar size with the same main cause include Mac Davis Museum and Academy of Songwriting Inc ($162k), Lincoln County Economic Development Corporation ($162k) and Habitat for Neighborhood Business ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 6.5% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.