Nextstep Fitness Inc

Analysis

Nextstep Fitness Inc is a registered charity in United States, based in Lawndale, CA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nextstep Fitness Inc reported income of $4.0m and spending of $839k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $756k to $4.0m (+432%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 324%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nextstep Fitness Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include North Texas Addiction Counseling and Education Inc ($4.0m), West Virginia Foundation for Rape Information and Services Inc ($4.0m) and Womens Reproductive Rights Assistance Project Wrrap ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $95k (11% of expenses). Other salaries and wages came to $344k. At year end it held assets of $3.8m against liabilities of $8,640, net assets of $3.8m. It reported 13 employees.