Nevada Childrens Foundation Inc

Analysis

Nevada Childrens Foundation Inc is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in February 1949, 77 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nevada Childrens Foundation Inc reported income of $5.4m and spending of $6.3m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $5.4m (+13%), an average of +3.1% a year. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nevada Childrens Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NV. Charities of a similar size with the same main cause include Eastern Congo Initiative ($5.4m), Utah Foster Care Foundation ($5.4m) and Bnai Raphael Chesed Organization Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $250k (4.0% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $32.0m against liabilities of $355k, net assets of $31.7m. It reported 138 employees.

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.