Next Generation Ministries

Analysis

Next Generation Ministries is a registered charity in United States, based in Dana Point, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Generation Ministries reported income of $167k and spending of $278k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $348k to $167k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Next Generation Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Develyn Education Foundation ($167k), Godparents for Tanzania ($167k) and New Bremen Athletic Boosters Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.