Philippine Bisayan Society of Nevada Inc

Analysis

Philippine Bisayan Society of Nevada Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Philippine Bisayan Society of Nevada Inc reported income of $57k and spending of $57k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $57k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Philippine Bisayan Society of Nevada Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within NV. Charities of a similar size with the same main cause include Gregory P Diantonio Memorial a NJ Nonprofit Corporation ($57k), Galesburg Per Club Inc ($57k) and Down Syndrome Network of Northern Nevada ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.