Nra Iatse Local 720 Training Trust Fund

Analysis

Nra Iatse Local 720 Training Trust Fund is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Nra Iatse Local 720 Training Trust Fund reported income of $1.2m and spending of $703k, leaving 40% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $870k to $1.2m (+34%), an average of +7.5% a year. The sharpest change came in the year to November 2022, when income rose by 168%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nra Iatse Local 720 Training Trust Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include Justice League of Food ($1.2m), Downtown Albany Restoration Program Inc ($1.2m) and Preservation Alliance of New Orleans Incorporated ($1.2m).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $129k (18% of expenses). Other salaries and wages came to $158k. At year end it held assets of $3.2m against liabilities of $476k, net assets of $2.7m. It reported 15 employees.