Childrens Scholarship Fund of Omaha

Analysis

Childrens Scholarship Fund of Omaha is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Childrens Scholarship Fund of Omaha reported income of $1.8m and spending of $3.0m, spending 161% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $1.8m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2020, when income rose by 56%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Scholarship Fund of Omaha sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NE. Charities of a similar size with the same main cause include A Childrens Academy Inc ($1.8m), Delaware County Literacy Council ($1.8m) and Middle Way School ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $183k (6.2% of expenses). Other salaries and wages came to $191k. At year end it held assets of $1.7m against liabilities of $10k, net assets of $1.7m. It reported 6 employees.