Northern Nevada International Center

Analysis

Northern Nevada International Center is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 1982, 44 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 June 2023, Northern Nevada International Center reported income of $3.5m and spending of $3.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.5m (+143%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Nevada International Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NV. Charities of a similar size with the same main cause include United Jewish Federation of Stamford ($3.5m), Texas Library Association ($3.5m) and Cincysmiles Foundation ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $186k (5.9% of expenses). Other salaries and wages came to $866k. At year end it held assets of $1.7m against liabilities of $837k, net assets of $878k.