Next Life Foundation

Analysis

Next Life Foundation is a registered charity in United States, based in Okoboji, IA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Life Foundation reported income of $132k and spending of $146k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $132k (+6.0%), an average of +6.0% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Next Life Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include Alliance for Performance Excellence Inc ($132k), All Are Able Inc ($132k) and Downtown Neighborhood Association of Savannah Georgia Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.