Nevada Housing Coalition

Analysis

Nevada Housing Coalition is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Nevada Housing Coalition reported income of $662k and spending of $692k, spending 105% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $342k to $662k (+94%), an average of +94% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nevada Housing Coalition sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include Luther House III Inc ($662k), Preservation Communities Inc ($662k) and Motorcycle Riders for Homeless Parolees ($662k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $91k (13% of expenses). Other salaries and wages came to $102k. At year end it held assets of $583k against liabilities of $38k, net assets of $545k. It reported 3 employees.