Nextup Rva

Analysis

Nextup Rva is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nextup Rva reported income of $3.8m and spending of $4.3m, spending 112% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $3.6m to $3.8m (+6.8%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 331%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nextup Rva sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Youth Services of Glenview- Northbrook ($3.8m), Castle Country Assisted Living Inc ($3.8m) and Transit Alliance Group Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $781k. It paid $179k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $815k, net assets of $2.6m. It reported 15 employees.