College of Southern Nevada Foundation Inc

Analysis

College of Southern Nevada Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, College of Southern Nevada Foundation Inc reported income of $1.8m and spending of $1.9m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $7.4m to $1.8m (-76%), an average of -30% a year. The sharpest change came in the year to June 2023, when income rose by 82%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, College of Southern Nevada Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include Bruce Barclay Cameron Foundation Inc ($1.8m), Show-Me Institute ($1.8m) and Pleasants Community Foundation Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $10.7m against liabilities of $7,889, net assets of $10.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.