Nelson Mandela Elementary School Inc

Analysis

Nelson Mandela Elementary School Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nelson Mandela Elementary School Inc reported income of $1.9m and spending of $5.2m, spending 268% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.4m to $1.9m (-70%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nelson Mandela Elementary School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within NE. Charities of a similar size with the same main cause include Friends of Independent Schools and Better Education ($1.9m), Concordia Education Foundation Inc ($1.9m) and Childrens School of Oak Park ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $12.6m against liabilities of $0, net assets of $12.6m. It reported 69 employees.