Concordia Lutheran Schools of Omaha Foundation

Analysis

Concordia Lutheran Schools of Omaha Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Concordia Lutheran Schools of Omaha Foundation reported income of $183k and spending of $30k, leaving 83% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $358k to $183k (-49%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 74%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concordia Lutheran Schools of Omaha Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include Saxe Parent Teacher Council ($183k), D C Creative Writing Workshop Inc ($183k) and College of Idaho 2nd Century Fund- Trust B a Charitable Education TR ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.