Teach Las Vegas

Analysis

Teach Las Vegas is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Teach Las Vegas reported income of $3.5m and spending of $4.7m, spending 134% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $84k to $3.5m (+4096%), an average of +548% a year. The sharpest change came in the year to June 2022, when income rose by 17124%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach Las Vegas sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NV. Charities of a similar size with the same main cause include California Association of African American Superintendents and Admin ($3.5m), Liberty Christian Academy Inc ($3.5m) and Pocatello Community Charter School ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $171k (3.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $13.6m against liabilities of $15.3m, net assets of -$1.7m. It reported 44 employees.