Academy of Finance Nevada

Analysis

Academy of Finance Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Academy of Finance Nevada reported income of $122k and spending of $115k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $214k to $122k (-43%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Finance Nevada sits at the 44th percentile: it is larger than about 44% 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 Brazos County Go Texan Association ($122k), Sequatchie Valley Preparatory Academy ($122k) and E a Laney Athletic Boosters Club Inc ($122k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (50% of expenses). At year end it held assets of $165k against liabilities of $0, net assets of $165k.