Good News Bears Club of Omaha Inc

Analysis

Good News Bears Club of Omaha Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Good News Bears Club of Omaha Inc reported income of $77k and spending of $118k, spending 153% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $77k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 158% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Good News Bears Club of Omaha Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NE. Charities of a similar size with the same main cause include Lor-Ray Camp Association ($77k), Youthstep USA ($77k) and Building Youth Tomorrow Today ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. At year end it held assets of $190k against liabilities of $1,258, net assets of $188k.