University Village Development Coroporation of Kearney

Analysis

University Village Development Coroporation of Kearney is a registered charity in United States, based in Kearney, 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 organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University Village Development Coroporation of Kearney reported income of $463k and spending of $653k, spending 141% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $284k to $463k (+63%), an average of +63% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Village Development Coroporation of Kearney sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NE. Charities of a similar size with the same main cause include Wildlife Science Center ($463k), Hannah Project Partnership for Academic Achievement ($463k) and Neo-Futurists ($463k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $9.5m against liabilities of $9.7m, net assets of -$143k.