Albion SC Las Vegas

Analysis

Albion SC Las Vegas is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Albion SC Las Vegas reported income of $2.0m and spending of $2.3m, spending 111% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.4m to $2.0m (+42%), an average of +9.1% a year. The sharpest change came in the year to May 2022, when income rose by 31%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albion SC Las Vegas sits at the 83rd percentile: it is larger than about 83% 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 Family Abuse Center ($2.0m), Off the Floor Pittsburgh ($2.0m) and Sharing and Caring of Benton County ($2.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $36k (1.6% of expenses). Other salaries and wages came to $929k. At year end it held assets of $6,125 against liabilities of $1.0m, net assets of -$1.0m. It reported 13 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.