Omaha Street School Inc

Analysis

Omaha Street School Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Omaha Street School Inc reported income of $1.0m and spending of $988k, spending 95% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $594k to $1.0m (+75%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Omaha Street School Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include Family Legacy Foundation ($1.0m), Age of Montessori ($1.0m) and International Society for Quality Life Research ($1.0m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $95k (9.6% of expenses). At year end it held assets of $790k against liabilities of $9,853, net assets of $780k. It reported 22 employees.