Unlv Medicine

Analysis

Unlv Medicine is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unlv Medicine reported income of $80.9m and spending of $79.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $74.3m to $80.9m (+8.9%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unlv Medicine sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within NV. Charities of a similar size with the same main cause include Mercy Home Health ($80.9m), Mount Auburn Professional Services Inc ($80.9m) and Saint Alphonsus Medical Center Ortario Inc ($80.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $673k (0.8% of expenses). Other salaries and wages came to $45.3m. At year end it held assets of $37.3m against liabilities of $26.5m, net assets of $10.8m. It reported 495 employees.