Southern Nevada Transit Coalition

Analysis

Southern Nevada Transit Coalition is a registered charity in United States, based in Laughlin, NV. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 September 2023, Southern Nevada Transit Coalition reported income of $4.7m and spending of $5.1m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.4m to $4.7m (-12%), an average of -3.1% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Nevada Transit Coalition sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NV. Charities of a similar size with the same main cause include Young Marines of the Marine Corps League ($4.7m), Stillwater Christian School ($4.7m) and Arc of the Shoals ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $207k (4.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $4.9m against liabilities of $160k, net assets of $4.7m. It reported 83 employees.