Education Fund of Northern Nevada

Analysis

Education Fund of Northern Nevada is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in June 2015, 11 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, Education Fund of Northern Nevada reported income of $172k and spending of $961k, spending 559% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $172k (-96%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 87%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Fund of Northern Nevada sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 55th percentile within NV. Charities of a similar size with the same main cause include Logos University Inc ($172k), Usit Foundation ($172k) and Holgate Athletic Boosters ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.