Southwest Nebraska Community Betterment Corporation

Analysis

Southwest Nebraska Community Betterment Corporation is a registered charity in United States, based in Grant, NE. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Southwest Nebraska Community Betterment Corporation reported income of $508k and spending of $341k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $956k to $508k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 78%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Nebraska Community Betterment Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NE. Charities of a similar size with the same main cause include Montco Anti Hunger Network ($508k), Love Like You Mean It Intl ($508k) and Well Resource Center NFP ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 115% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $67k (20% of expenses). Other salaries and wages came to $39k. At year end it held assets of $1.9m against liabilities of $23k, net assets of $1.9m. It reported 3 employees.