Nevada Association for Career & Technical Education

Analysis

Nevada Association for Career & Technical Education is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 1960, 66 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Nevada Association for Career & Technical Education reported income of $64k and spending of $102k, spending 159% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $117k to $64k (-45%), an average of -45% a year. The sharpest change came in the year to August 2023, when income dropped by 45%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Association for Career & Technical Education sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within NV. Charities of a similar size with the same main cause include Holistic Honu Wellness Center ($64k), Elk City High School Alumni Foundation ($64k) and Care Assurance System for the Aging and Homebound Casa of Jackson Coun ($64k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 1.6% and program service revenue 73% of the total. At year end it held assets of $204k against liabilities of $11k, net assets of $193k.