Coordinated Living of Southern Nevada Inc

Analysis

Coordinated Living of Southern Nevada Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in January 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coordinated Living of Southern Nevada Inc reported income of $1.8m and spending of $2.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.8m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Coordinated Living of Southern Nevada Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include Greenville Re-Development Coproration ($1.8m), Kitsap Rescue Mission ($1.8m) and Brownstone Gardens Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $125k (6.2% of expenses). Other salaries and wages came to $618k. At year end it held assets of $14.4m against liabilities of $11.4m, net assets of $3.0m. It reported 32 employees.