Catholic Charities of Southern Nevada
Analysis
Catholic Charities of Southern Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2023, Catholic Charities of Southern Nevada reported income of $38.7m and spending of $40.5m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $29.9m to $38.7m (+29%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities of Southern Nevada sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NV. Charities of a similar size with the same main cause include Alive Hospice Inc ($38.7m), Echoing Hills Village Inc ($38.8m) and Citizen Care Inc ($38.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $1.4m (3.5% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $45.9m against liabilities of $6.6m, net assets of $39.3m. It reported 373 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alive Hospice Inc | Nashville | $38.7m |
| Echoing Hills Village Inc | Warsaw | $38.8m |
| Citizen Care Inc | McKees Rocks | $38.7m |
| Monadnock Development Services Region V Area Agency | Keene | $38.8m |