Nevada News Bureau Inc

Analysis

Nevada News Bureau Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2013, 13 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 December 2023, Nevada News Bureau Inc reported income of $3.2m and spending of $3.6m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.2m (+72%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nevada News Bureau Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include South Bend Hebrew Day School Inc ($3.2m), Prevention Network ($3.2m) and South Scioto Academy ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $458k (13% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $408k against liabilities of $114k, net assets of $295k. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.