Nevada R-5 Foundation

Analysis

Nevada R-5 Foundation is a registered charity in United States, based in Nevada, MO. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nevada R-5 Foundation reported income of $497k and spending of $183k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $220k to $497k (+126%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nevada R-5 Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include SC Career Kids ($497k), New Orleans Education League of the Construction Industry ($497k) and Horizons Delmarva Inc ($497k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% of the total. Other salaries and wages came to $15k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 3 employees.