Spread the Word Nevada

Analysis

Spread the Word Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Spread the Word Nevada reported income of $4.5m and spending of $5.1m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.3m to $4.5m (+4.6%), an average of +1.5% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Spread the Word Nevada sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NV. Charities of a similar size with the same main cause include Boys and Girls Club of Topeka ($4.5m), Leadersup ($4.5m) and Boy Scouts of America ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $136k (2.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.1m against liabilities of $545k, net assets of $2.6m. It reported 65 employees.