Mentor Nebraska

Analysis

Mentor Nebraska is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mentor Nebraska reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $631k to $1.2m (+89%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mentor Nebraska sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Wildarts Inc ($1.2m), Caliber East Bay Real Estate ($1.2m) and Partnership for Children of the Foothills Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $121k (11% of expenses). Other salaries and wages came to $518k. At year end it held assets of $600k against liabilities of $140k, net assets of $461k. It reported 13 employees.