Next Child Fund Inc

Analysis

Next Child Fund Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Next Child Fund Inc reported income of $860k and spending of $200k, leaving 77% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $406k to $860k (+112%), an average of +21% a year. The sharpest change came in the year to March 2024, when income rose by 349%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Next Child Fund Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Just Friends Inc ($860k), Trinity Faiths Place Inc ($860k) and Canines for Service Inc ($860k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $4.4m against liabilities of $3,558, net assets of $4.4m.