Greater Las Vegas Inner-City Games

Analysis

Greater Las Vegas Inner-City Games is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Greater Las Vegas Inner-City Games reported income of $5.7m and spending of $5.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $5.7m (+194%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 83%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Las Vegas Inner-City Games sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NV. Charities of a similar size with the same main cause include The Colorado Golf Association Inc ($5.7m), American Numismatic Association ($5.7m) and The Parade Company ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $192k (3.7% of expenses). Other salaries and wages came to $575k. It paid $29k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $345k, net assets of $1.6m. It reported 647 employees.