Next

Analysis

Next is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Next reported income of $440k and spending of $188k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $440k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Next sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Tsenyi Dratsang Buddhist Foundation ($440k), PPS & Focus Group Ministries Inc ($440k) and Just of Dupage ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $868k against liabilities of $129k, net assets of $739k.