Nextstep Recycling

Analysis

Nextstep Recycling is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in July 2002, 24 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, Nextstep Recycling reported income of $1.2m and spending of $969k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $852k to $1.2m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nextstep Recycling sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include United Way of Stanislaus County ($1.2m), Mount Bethel Christian Academy Incorporated ($1.2m) and United Way of Bemidji Area ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $67k (6.9% of expenses). Other salaries and wages came to $539k. At year end it held assets of $604k against liabilities of $36k, net assets of $567k. It reported 17 employees.