Nebraska Medical Foundation Inc

Analysis

Nebraska Medical Foundation Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in March 1962, 64 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 January 2024, Nebraska Medical Foundation Inc reported income of $355k and spending of $384k, spending 108% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $246k to $355k (+44%), an average of +9.6% a year. The sharpest change came in the year to January 2022, when income rose by 487%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nebraska Medical Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NE. Charities of a similar size with the same main cause include Operation Snowball Inc ($355k), Glen Rock Emergency Medical Services Inc ($355k) and Taylors Gift Foundation ($355k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.7m against liabilities of $43k, net assets of $1.6m.