Neta

Analysis

Neta is a registered charity in United States, based in Gretna, NE. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Neta reported income of $375k and spending of $311k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $375k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neta sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include F E a T of Southern Nevada ($375k), St Marys Springs Academy Foundation Inc ($375k) and Philadelphia School of Democracy ($375k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $72k (23% of expenses). Other salaries and wages came to $21k. At year end it held assets of $555k against liabilities of $5,290, net assets of $550k. It reported 2 employees.