Southern Nevada Culinary and Bartenders Training Fund a Trust

Analysis

Southern Nevada Culinary and Bartenders Training Fund a Trust is a registered charity in United States, based in N Las Vegas, NV. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Nevada Culinary and Bartenders Training Fund a Trust reported income of $15.1m and spending of $13.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.0m to $15.1m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Nevada Culinary and Bartenders Training Fund a Trust sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include Housing Northwest Inc ($15.1m), Texas Tribune Inc ($15.1m) and Invest Collegiate Imagine Inc ($15.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1.0m (7.7% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $8.8m against liabilities of $5.0m, net assets of $3.8m. It reported 216 employees.