University of Nebraska at Omaha Alumni Association

Analysis

University of Nebraska at Omaha Alumni Association is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, University of Nebraska at Omaha Alumni Association reported income of $394k and spending of $334k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $394k (-88%), an average of -41% a year. The sharpest change came in the year to June 2021, when income rose by 514%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Nebraska at Omaha Alumni Association 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 66th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include Pacific Christian Academy ($394k), Champaign Public Library Foundation ($394k) and First Baptist Church Childdevelopment Center Inc ($394k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 4.6% of the total. Other salaries and wages came to $122k. At year end it held assets of $8.4m against liabilities of $56k, net assets of $8.4m.