Assisting Lives in Las Vegas

Analysis

Assisting Lives in Las Vegas is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2024, Assisting Lives in Las Vegas reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.2m to $1.5m (+23%), an average of +5.4% a year. The sharpest change came in the year to May 2022, when income rose by 26%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Assisting Lives in Las Vegas sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NV. Charities of a similar size with the same main cause include National Association of Secretaries of State Inc ($1.5m), Pontiac Community Foundation Inc ($1.5m) and Jericho Partnership Inc ($1.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $9.4m against liabilities of $64k, net assets of $9.3m.