Next Step Archery

Analysis

Next Step Archery is a registered charity in United States, based in Mountlake Terrace, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Next Step Archery reported income of $316k and spending of $333k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $316k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Next Step Archery 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 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Shore Track Coaches Association Inc ($316k), Diamond Sports Association Inc ($316k) and American International Junior Charolais Association ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $45k (14% of expenses). Other salaries and wages came to $126k. At year end it held assets of $143k against liabilities of $1,555, net assets of $142k. It reported 11 employees.