Nevada H a N D Inc

Analysis

Nevada H a N D Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 1997, 29 years ago. 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, Nevada H a N D Inc reported income of $50.4m and spending of $36.8m, leaving 27% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $43.7m to $50.4m (+15%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada H a N D Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NV. Charities of a similar size with the same main cause include Gulfside Hospice Inc ($50.4m), SSMHCS Liability Trust Mercantile Bank Ttee ($50.4m) and Interfaith Ministries for Greater Houston ($50.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.3m (3.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $231.8m against liabilities of $44.8m, net assets of $187.0m. It reported 354 employees.