Nevada Sports Academy Stars Inc

Analysis

Nevada Sports Academy Stars Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Nevada Sports Academy Stars Inc reported income of $372k and spending of $360k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $223k to $372k (+67%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nevada Sports Academy Stars 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 65th percentile, and in the 69th percentile within NV. Charities of a similar size with the same main cause include Memphis Youth Athletics ($372k), PSL Hurricanes FC Inc ($372k) and Orangecrest Girls Amatuer Softballassociation ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.