Keep Truckee Meadows Beautiful

Analysis

Keep Truckee Meadows Beautiful is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 1994, 32 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 June 2023, Keep Truckee Meadows Beautiful reported income of $720k and spending of $806k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $874k to $720k (-18%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keep Truckee Meadows Beautiful sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within NV. Charities of a similar size with the same main cause include National Civil Justice Institute ($719k), Preferred Nutrition Inc ($720k) and Outdoors Empowered Network ($719k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $362k. At year end it held assets of $489k against liabilities of $132k, net assets of $357k. It reported 14 employees.