Nevada Health Centers Inc

Analysis

Nevada Health Centers Inc is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2023, Nevada Health Centers Inc reported income of $65.8m and spending of $56.2m, spending 85% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $39.1m to $65.8m (+68%), an average of +14% a year. The sharpest change came in the year to May 2020, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nevada Health Centers Inc sits at the 94th percentile: it is larger than about 94% 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 Dean McGee Eye Institute ($65.8m), Barlow Respiratory Hospital ($65.8m) and Tricore Inc ($65.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 51% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $1.9m (3.3% of expenses). Other salaries and wages came to $30.6m. At year end it held assets of $56.5m against liabilities of $11.6m, net assets of $44.9m. It reported 640 employees.