Skatefest Omaha

Analysis

Skatefest Omaha is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Skatefest Omaha reported income of $132k and spending of $107k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $132k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Skatefest Omaha sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NE. Charities of a similar size with the same main cause include Medway Family Ministries ($132k), Magic Wheelchair ($132k) and Marriage Management Consultants Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.