Nebraska Center for Workforce Development and Education

Analysis

Nebraska Center for Workforce Development and Education is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Center for Workforce Development and Education reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $440k to $1.4m (+209%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nebraska Center for Workforce Development and Education sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include The K16 Ready Society ($1.4m), Village Learning Place Inc ($1.4m) and Major Adams Community Committee ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $133k (10% of expenses). Other salaries and wages came to $474k. It paid $15k in professional fundraising fees. At year end it held assets of $582k against liabilities of $0, net assets of $582k. It reported 10 employees.