Nebraska Children and Families Foundation

Analysis

Nebraska Children and Families Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Children and Families Foundation reported income of $42.9m and spending of $48.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.1m to $42.9m (+94%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nebraska Children and Families Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NE. Charities of a similar size with the same main cause include Rochester Area Community Foundation ($42.8m), Candid ($43.2m) and United Way of Northeast Florida Inc ($42.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $859k (1.8% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $52.2m against liabilities of $5.0m, net assets of $47.2m. It reported 125 employees.