Nux4life

Analysis

Nux4life is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in November 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nux4life reported income of $78k and spending of $61k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $78k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nux4life sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Pace Cares Corp ($78k), Kiwanis Club of Big Lagoon Foundation Inc ($78k) and Bob Craig Youth Foundation ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.