Nevada Homes for Youth Inc

Analysis

Nevada Homes for Youth Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Nevada Homes for Youth Inc reported income of $503k and spending of $458k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $517k to $503k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Homes for Youth Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within NV. Charities of a similar size with the same main cause include Mountain Findings Inc ($503k), Alleyway Theatre Inc ($503k) and Friends of Castle Heights ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $116k (25% of expenses). At year end it held assets of $145k against liabilities of $84k, net assets of $61k. It reported 8 employees.