Next Steps 4 Seniors Foundation

Analysis

Next Steps 4 Seniors Foundation is a registered charity in United States, based in Rochester HLS, MI. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Steps 4 Seniors Foundation reported income of $305k and spending of $166k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $209k to $305k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Next Steps 4 Seniors Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Masiphumelele Corporation ($304k), Dripping Springs Community Foundation ($305k) and Menokin Foundation ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $463k against liabilities of $363, net assets of $463k.