Nevada Senior Services Inc

Analysis

Nevada Senior Services Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nevada Senior Services Inc reported income of $6.4m and spending of $4.3m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $6.4m (+81%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nevada Senior Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include Su Vida Services Inc ($6.4m), Scott County Rest Home Inc ($6.4m) and Heartlinks ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $272k (6.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $5.8m against liabilities of $435k, net assets of $5.3m. It reported 98 employees.