Nevada Land Trust
Analysis
Nevada Land Trust is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 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 December 2023, Nevada Land Trust reported income of $685k and spending of $597k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $743k to $685k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Land Trust sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include G a Properties Inc ($684k), Friends of the Majestic ($685k) and Woodbury Preschool at the Grove ($684k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $86k (14% of expenses). Other salaries and wages came to $140k. At year end it held assets of $1.1m against liabilities of $129k, net assets of $948k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 4.5%
- Other 35%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| G a Properties Inc | Greenville | $684k |
| Friends of the Majestic | Crested Butte | $685k |
| Woodbury Preschool at the Grove | Woodbury | $684k |
| Lifelink Legacy Fund Inc | Tampa | $685k |