Southern Nevada Gem and Mineral Society

Analysis

Southern Nevada Gem and Mineral Society is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in January 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Nevada Gem and Mineral Society reported income of $89k and spending of $83k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $89k (-6.4%), an average of -6.4% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Nevada Gem and Mineral Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within NV. Charities of a similar size with the same main cause include Lakota Robotics LLC ($89k), Lucy K Henriques TR ($89k) and International Restoration Commission Ministries ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.