Economic Opportunity Board of Clark County

Analysis

Economic Opportunity Board of Clark County is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 1965, 61 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 2021, Economic Opportunity Board of Clark County reported income of $3.9m and spending of $4.0m, spending 103% of its income. Across the 4 years on record, from December 2018 to December 2021, income grew from $1.1m to $3.9m (+273%), an average of +55% a year. The sharpest change came in the year to December 2019, when income rose by 137%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Economic Opportunity Board of Clark County sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NV. Charities of a similar size with the same main cause include Commonsense Housing Inc ($3.9m), Southern Colorado Community Action Agency Inc ($3.9m) and Developmental Essential Services ($3.9m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $201k (5.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.6m against liabilities of $817k, net assets of $1.8m. It reported 52 employees.