Nebraska Hospital Assn Research & Educational Foundation

Analysis

Nebraska Hospital Assn Research & Educational Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1969, 57 years ago. 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 December 2023, Nebraska Hospital Assn Research & Educational Foundation reported income of $1.1m and spending of $978k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $986k to $1.1m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Hospital Assn Research & Educational Foundation sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NE. Charities of a similar size with the same main cause include Encinitas Educational Foundation ($1.1m), West Gate Training and Consultation Network Inc ($1.1m) and Almadina Academy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 77% of the total. At year end it held assets of $3.0m against liabilities of $63k, net assets of $2.9m.