Nebraska Medicine

Analysis

Nebraska Medicine is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nebraska Medicine reported income of $63.0m and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $60.5m to $63.0m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 182%. Over the whole period it spent 0.0% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nebraska Medicine sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NE. Charities of a similar size with the same main cause include Beebe Physican Network Inc ($63.0m), Asante Physician Partners ($63.1m) and Commonwealth Clinical Alliance Inc ($63.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.27bn against liabilities of $0, net assets of $1.27bn.