Nebraska Housing Resource Inc

Analysis

Nebraska Housing Resource Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Nebraska Housing Resource Inc reported income of $978k and spending of $248k, leaving 75% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $641k to $978k (+53%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 1148%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nebraska Housing Resource Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include Girls Rock SB ($978k), Gloucester Stage Co Inc ($978k) and The Dunhuang Foundation Inc ($978k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 3.8% of the total. At year end it held assets of $4.7m against liabilities of $2.3m, net assets of $2.3m. It reported 2 employees.