Little Peoples Head Start of Nevada

Analysis

Little Peoples Head Start of Nevada is a registered charity in United States, based in Ely, NV. It received its IRS tax-exemption ruling in August 1977, 49 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Little Peoples Head Start of Nevada reported income of $1.7m and spending of $1.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+14%), an average of +3.4% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Peoples Head Start of Nevada sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NV. Charities of a similar size with the same main cause include San Jose Day Nursery ($1.7m), Ases Foundation ($1.7m) and Teen Health Center Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (5.7% of expenses). Other salaries and wages came to $921k. At year end it held assets of $721k against liabilities of $94k, net assets of $627k. It reported 46 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.