Next Step Strategies Inc

Analysis

Next Step Strategies Inc is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in June 2015, 11 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 Strategies Inc reported income of $9.6m and spending of $9.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $843k to $9.6m (+1034%), an average of +84% a year. The sharpest change came in the year to December 2021, when income rose by 376%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Next Step Strategies 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 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Community Housing Concepts Inc ($9.5m), Chelsea Jewish North Shore Assisted Living Inc ($9.6m) and Hvaf of Indiana Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $576k against liabilities of $0, net assets of $576k. It reported 156 employees.