Northern Nevada Sports and Recreation

Analysis

Northern Nevada Sports and Recreation is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Northern Nevada Sports and Recreation reported income of $625k and spending of $637k, spending 102% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $459k to $625k (+36%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northern Nevada Sports and Recreation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within NV. Charities of a similar size with the same main cause include Acers Fastpitch Organization ($625k), Cleveland Alliance Soccer Association ($625k) and Southeast Iowa Aquatic Restoration Group Inc ($625k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Other salaries and wages came to $172k. At year end it held assets of $109k against liabilities of $114k, net assets of -$5,080. It reported 31 employees.