University of Nevada Las Vegas Foundation

Analysis

University of Nevada Las Vegas Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Nevada Las Vegas Foundation reported income of $60.6m and spending of $42.4m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $57.2m to $60.6m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Nevada Las Vegas Foundation sits at the 98th percentile: it is larger than about 98% of them. 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 D C Preparatory Academy ($60.6m), Nichols College ($60.7m) and New England Law Boston ($60.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $1.1m (2.6% of expenses). Other salaries and wages came to $3.8m. It paid $466k in professional fundraising fees. At year end it held assets of $468.1m against liabilities of $2.3m, net assets of $465.8m. It reported 47 employees.