The Nelson Family Foundation

Analysis

The Nelson Family Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Nelson Family Foundation reported income of $2.6m and spending of $607k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $2.6m (+981%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 412%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Nelson Family Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include United Way of Tyler-Smith County ($2.6m), Volunteer NH ($2.6m) and Harvey L Miller Supporting Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% of the total. At year end it held assets of $3.3m against liabilities of $50k, net assets of $3.3m.