Nevada Partnership for Homeless Youth

Analysis

Nevada Partnership for Homeless Youth is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Nevada Partnership for Homeless Youth reported income of $6.2m and spending of $3.8m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $6.2m (+120%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nevada Partnership for Homeless Youth sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include East Akron Neighborhood Development Corporation ($6.1m), Nashville Safe Haven Family Shelter ($6.2m) and Breaking Ground IV Housing Development Fund Corporation ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $341k (9.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.7m against liabilities of $180k, net assets of $7.5m. It reported 56 employees.