Northern Nevada Central Labor Council Non-Profit Worker Benefit

Analysis

Northern Nevada Central Labor Council Non-Profit Worker Benefit is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Northern Nevada Central Labor Council Non-Profit Worker Benefit reported income of $118k and spending of $12k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $118k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 7.6% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northern Nevada Central Labor Council Non-Profit Worker Benefit sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within NV. Charities of a similar size with the same main cause include A Touch of the Fathers Love Inc ($118k), Youth with a Mission-Northern Arizona ($118k) and Families Helping Families in Houston ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.