Salvation Army North Las Vegas Residences Inc

Analysis

Salvation Army North Las Vegas Residences Inc is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Salvation Army North Las Vegas Residences Inc reported income of $623k and spending of $612k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $510k to $623k (+22%), an average of +5.1% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salvation Army North Las Vegas Residences Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include U Snap Bac Inc ($623k), Russell Manor ($623k) and RVM Davis Housing Corporation ($623k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Other salaries and wages came to $91k. At year end it held assets of $3.3m against liabilities of $664k, net assets of $2.6m. It reported 4 employees.