Flux Acupuncture Lounge

Analysis

Flux Acupuncture Lounge is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Flux Acupuncture Lounge reported income of $140k and spending of $109k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $140k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Flux Acupuncture Lounge sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Neshamos Inc ($140k), Ropheka Rock of the World Ministries Inc ($140k) and Entertainment Industries Council Incorporated ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.