Next Generation Ministries

Analysis

Next Generation Ministries is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Generation Ministries reported income of $743k and spending of $623k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $223k to $743k (+233%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 549%. Over the whole period it spent 62% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Next Generation Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Humanity United Charitable Fund ($742k), Keeping Our Promise Inc ($743k) and Cambridge Reproductive Health Consultants ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.