Next Step Living

Analysis

Next Step Living is a registered charity in United States, based in Eaton, OH. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Step Living reported income of $175k and spending of $154k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $175k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Next Step Living sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Jaycee Valley Housing Inc ($175k), Bronxview Housing Development Fund Corporation ($175k) and North Beacon Hill Housing Initiative Association ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.