Nu2u Again

Analysis

Nu2u Again is a registered charity in United States, based in Saline, MI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Nu2u Again reported income of $769k and spending of $768k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $357k to $769k (+116%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nu2u Again sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Dubuque County Early Childhood ($768k), Life Project 4 Youth ($769k) and Phelps County Hospital Foundation ($768k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Other salaries and wages came to $415k. At year end it held assets of $46k against liabilities of $19k, net assets of $27k. It reported 53 employees.