Food4hope of Nebraska

Analysis

Food4hope of Nebraska is a registered charity in United States, based in Beatrice, NE. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Food4hope of Nebraska reported income of $85k and spending of $75k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $85k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food4hope of Nebraska sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NE. Charities of a similar size with the same main cause include Clay Foundation Inc ($85k), A Childs Journey Early Learning Ministry Inc ($85k) and Straighttalk Association for Financial Empowerment ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $128k against liabilities of $3,896, net assets of $124k.