Startupnv

Analysis

Startupnv 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 community improvement and capacity building, which this site groups under community and economic development. 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, Startupnv reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $700k to $1.5m (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Startupnv 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 83rd percentile, and in the 85th percentile within NV. Charities of a similar size with the same main cause include Employee Connections ($1.5m), Preservation Park Center Inc ($1.5m) and Portland Streetcar Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $188k (15% of expenses). Other salaries and wages came to $454k. At year end it held assets of $294k against liabilities of $11k, net assets of $283k. It reported 18 employees.