Next Generation Ministries

Analysis

Next Generation Ministries is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Generation Ministries reported income of $340k and spending of $348k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $440k to $340k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Next Generation Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within LA. Charities of a similar size with the same main cause include Sports Mentorship Academy ($340k), Dallas Mustangs Baseball Club ($340k) and Youth Impact Program Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $67k (19% of expenses). Other salaries and wages came to $171k. At year end it held assets of $205k against liabilities of $31k, net assets of $174k. It reported 7 employees.