Nevada Charter Academies

Analysis

Nevada Charter Academies is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nevada Charter Academies reported income of $20.3m and spending of $22.9m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.1m to $20.3m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nevada Charter Academies sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include Mastery Charter School-Pickett Campus ($20.3m), Nbi-Sems Inc ($20.3m) and St Coletta Special Education Charter School ($20.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.2% of the total. Other salaries and wages came to $9.1m. At year end it held assets of $67.8m against liabilities of $71.9m, net assets of -$4.1m. It reported 340 employees.