Nevada Western Heritage Center Alliance Inc

Analysis

Nevada Western Heritage Center Alliance Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 2020, 6 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 June 2024, Nevada Western Heritage Center Alliance Inc reported income of $122k and spending of $124k, spending 101% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $136k to $122k (-10%), an average of -3.5% a year. The sharpest change came in the year to June 2024, when income rose by 8060%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nevada Western Heritage Center Alliance Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within NV. Charities of a similar size with the same main cause include Main Street Mount Holly Inc ($122k), Works of Power ($122k) and Community Development Ventures Inc ($122k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $27k, net assets of $81k.

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.