Vegas Stronger

Analysis

Vegas Stronger is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vegas Stronger reported income of $2.0m and spending of $2.7m, spending 135% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $306k to $2.0m (+561%), an average of +157% a year. The sharpest change came in the year to December 2022, when income rose by 196%. Over the whole period it spent 148% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vegas Stronger sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NV. Charities of a similar size with the same main cause include Open Arms Lutheran Child Development Center ($2.0m), Sustainable CT Inc ($2.0m) and Center for Computational Science Research Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $1.6m (59% of expenses). At year end it held assets of $718k against liabilities of $2.3m, net assets of -$1.6m. It reported 41 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.