Lutheran H S of Northeast Ne Education Foundation

Analysis

Lutheran H S of Northeast Ne Education Foundation is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in June 2002, 24 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, Lutheran H S of Northeast Ne Education Foundation reported income of $289k and spending of $218k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $256k to $289k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 248%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lutheran H S of Northeast Ne Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NE. Charities of a similar size with the same main cause include Friends of the Marble Falls Library ($289k), Campville Fire Department ($289k) and Mississippi Bandmasters Association Inc ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.