Las Vegas-Clark County Library District Foundation Inc

Analysis

Las Vegas-Clark County Library District Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Las Vegas-Clark County Library District Foundation Inc reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $971k to $1.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Las Vegas-Clark County Library District Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include Clark Technical College Scholarship Foundation ($1.2m), Navy Supply Corps Foundation Incorporated ($1.2m) and Middle Cities Education Association ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $34k. At year end it held assets of $22.1m against liabilities of $142k, net assets of $21.9m. It reported 1 employees.