Nevada Medical Center Inc

Analysis

Nevada Medical Center Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Nevada Medical Center Inc reported income of $192k and spending of $322k, spending 167% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $94k to $192k (+105%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 361%. Over the whole period it spent 151% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nevada Medical Center Inc sits at the 40th percentile: it is larger than about 40% 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 Foundation for Dental Laboratory Technology ($192k), Health Initiatives Foundation Inc ($192k) and Snot Force Alliance Inc ($192k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $170k (53% of expenses). Other salaries and wages came to $42k. At year end it held assets of $165k against liabilities of $17k, net assets of $148k. It reported 2 employees.