United Labor Agency of Nevada Inc

Analysis

United Labor Agency of Nevada Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2023, United Labor Agency of Nevada Inc reported income of $991k and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $823k to $991k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 162%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Labor Agency of Nevada Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within NV. Charities of a similar size with the same main cause include Jewish Federation of Greater Orange County Inc ($991k), Edge Ai Foundation ($992k) and United Way of Washington County East Inc ($991k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $300k. At year end it held assets of $323k against liabilities of $19k, net assets of $303k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.