Next Generation Men and Women Inc
Analysis
Next Generation Men and Women Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2024, Next Generation Men and Women Inc reported income of $831k and spending of $1.4m, spending 171% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $631k to $831k (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 91% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Next Generation Men and Women Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Gen-One Inc ($830k), Fire Pit Ranch ($831k) and Youth Empowerment Shelter ($830k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $106k (7.5% of expenses). Other salaries and wages came to $626k. At year end it held assets of $845k against liabilities of $30k, net assets of $815k. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gen-One Inc | Charlotte | $830k |
| Fire Pit Ranch | Moore | $831k |
| Youth Empowerment Shelter | The Dalles | $830k |
| Full Circle Youth Empowerment Inc | Bridgeport | $831k |