Rapid Response Omahas Disaster Relief Team

Analysis

Rapid Response Omahas Disaster Relief Team is a registered charity in United States, based in Boys Town, NE. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rapid Response Omahas Disaster Relief Team reported income of $266k and spending of $286k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $215k to $266k (+24%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rapid Response Omahas Disaster Relief Team sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include Welcome Home Orphanage ($266k), Jefferson City Area Community Services ($266k) and Progressive Eldercare Services Chicot Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $99k (35% of expenses). At year end it held assets of $207k against liabilities of $3,403, net assets of $203k.