Mammel Family Foundation

Analysis

Mammel Family Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mammel Family Foundation reported income of $7.7m and spending of $40.3m, spending 520% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $16.2m to $7.7m (-52%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 1325%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mammel Family Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within NE. Charities of a similar size with the same main cause include Russell Development Company Inc ($7.7m), Ascension Wisconsin Foundation Inc ($7.7m) and United Way of Coastal and Western Connecticut Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $138.4m against liabilities of $6.3m, net assets of $132.1m.