The Nuxhall Foundation Inc

Analysis

The Nuxhall Foundation Inc is a registered charity in United States, based in Fairfield, OH. It received its IRS tax-exemption ruling in July 2012, 14 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 December 2023, The Nuxhall Foundation Inc reported income of $1.0m and spending of $341k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $621k to $1.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 39% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Nuxhall Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Capitol Area Youth Soccer Association ($1.0m), Trout Unlimited ($1.0m) and Kentucky Mountain Mission of Eastern Kentucky Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $86k (25% of expenses). At year end it held assets of $5.3m against liabilities of $1,439, net assets of $5.3m. It reported 1 employees.