One Omaha

Analysis

One Omaha is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, One Omaha reported income of $368k and spending of $363k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $261k to $368k (+41%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, One Omaha sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include Pittsfield Economic Revitalization ($368k), Iseeyou Foundation Inc ($368k) and Keystone Community Corporation ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $54k (15% of expenses). Other salaries and wages came to $147k. At year end it held assets of $34k against liabilities of $0, net assets of $34k. It reported 3 employees.