Nextgen Climate America Inc

Analysis

Nextgen Climate America Inc is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Nextgen Climate America Inc reported income of $5.8m and spending of $6.4m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.8m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 293%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Nextgen Climate America Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Communities for a Better Environment ($5.8m), The Rhode Island Association of Conservation Districts ($5.8m) and Keystone Center ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $778k (12% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.4m against liabilities of $79k, net assets of $1.3m. It reported 24 employees.