Jewish Federation of Las Vegas

Analysis

Jewish Federation of Las Vegas is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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, Jewish Federation of Las Vegas reported income of $7.5m and spending of $7.8m, spending 104% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $4.7m to $7.5m (+61%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jewish Federation of Las Vegas sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include Manning Educational Association ($7.5m), The Center for Global Enterprise Ltd ($7.5m) and Beneficial State Foundation ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $151k (1.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $28.3m against liabilities of $1.6m, net assets of $26.7m. It reported 32 employees.