Nevada Humanities Inc

Analysis

Nevada Humanities Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 1974, 52 years ago. 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 October 2023, Nevada Humanities Inc reported income of $1.5m and spending of $1.3m, spending 85% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.0m to $1.5m (+51%), an average of +11% a year. The sharpest change came in the year to October 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Humanities Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NV. Charities of a similar size with the same main cause include St Charles Preparatory School Endowment Fund ($1.5m), Cottonwood County Developmental Achievement Center Inc ($1.5m) and Arizona Operating Engineers Joint Apprenticeship Fund ($1.5m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. It paid $48k in professional fundraising fees. At year end it held assets of $977k against liabilities of $215k, net assets of $762k.