Nevada Veterans Foundation

Analysis

Nevada Veterans Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 July 2023, Nevada Veterans Foundation reported income of $192k and spending of $35k, leaving 82% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $56k to $192k (+245%), an average of +36% a year. The sharpest change came in the year to July 2023, when income rose by 413%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Veterans Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within NV. Charities of a similar size with the same main cause include Rotary Foundation of Klamath County ($192k), Little League Baseball Inc ($192k) and Chippewa Snow Chasers ($192k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 93% of the total. It paid $3,177 in professional fundraising fees. At year end it held assets of $437k against liabilities of $0, net assets of $437k.