Nebraska United Methodist Foundation

Analysis

Nebraska United Methodist Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nebraska United Methodist Foundation reported income of $985k and spending of $1.1m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $985k (-43%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nebraska United Methodist Foundation sits at the 91st percentile: it is larger than about 91% 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 Beyond the Gate Ministries ($985k), Ciudad Nueva Community Outreach Inc ($985k) and Tien Dao Christian Media Association of North America Inc ($985k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $148k (13% of expenses). Other salaries and wages came to $150k. At year end it held assets of $56.7m against liabilities of $40.7m, net assets of $16.1m. It reported 4 employees.