YMCA of Southern Nevada

Analysis

YMCA of Southern Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, YMCA of Southern Nevada reported income of $11.5m and spending of $12.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.8m to $11.5m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, YMCA of Southern Nevada sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NV. Charities of a similar size with the same main cause include Fairbanks Resource Agency Inc ($11.5m), Stanley Total Living Center Inc ($11.5m) and Beech Acres Parenting Center ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $652k (5.4% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $11.7m against liabilities of $2.8m, net assets of $8.8m. It reported 827 employees.