Vegas Golden Knights Alumni Association Inc

Analysis

Vegas Golden Knights Alumni Association Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Vegas Golden Knights Alumni Association Inc reported income of $139k and spending of $78k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $315k to $139k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vegas Golden Knights Alumni Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within NV. Charities of a similar size with the same main cause include Cherokee Community Foundation ($139k), George Rogers Clark Athleticboosters Inc ($139k) and Medici Foundation ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $270k against liabilities of $2,542, net assets of $267k.