Nevada Stars Inc

Analysis

Nevada Stars Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 May 2023, Nevada Stars Inc reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 3 years on record, from May 2021 to May 2023, income grew from $514k to $1.1m (+116%), an average of +47% a year. The sharpest change came in the year to May 2022, when income rose by 99%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nevada Stars Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include Rainbow Bible School Inc ($1.1m), Suburban Seahawks Club ($1.1m) and Collegiate Strength & Conditioning Coaches Association Inc ($1.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $391k against liabilities of $30k, net assets of $361k.