Netz 4 Life Inc

Analysis

Netz 4 Life Inc is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Netz 4 Life Inc reported income of $56k and spending of $48k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $81k to $56k (-30%), an average of -8.6% a year. The sharpest change came in the year to August 2021, when income dropped by 25%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Netz 4 Life Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Kelseyville Chiefs Youth Football League ($56k), Bulldog Blitz Corporation ($57k) and Johnson City Youth Sportsassociation ($56k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.