Kearney County Community Foundation

Analysis

Kearney County Community Foundation is a registered charity in United States, based in Minden, NE. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kearney County Community Foundation reported income of $334k and spending of $264k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $613k to $334k (-46%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 576%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kearney County Community Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NE. Charities of a similar size with the same main cause include United Way of Gordon County ($334k), Manor Foundation ($334k) and International Follicular Lymphoma Challenge Inc ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 6.4% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.