Nothing But Luck Inc

Analysis

Nothing But Luck Inc is a registered charity in United States, based in Kernersville, NC. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Nothing But Luck Inc reported income of $953k and spending of $966k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $445k to $953k (+114%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Nothing But Luck Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Borderland Research Foundation ($953k), Carolina Waterfowl Rescue ($954k) and Thisishouston ($953k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $394k. At year end it held assets of $52k against liabilities of $0, net assets of $52k. It reported 15 employees.