Next Step Community Solutions
Analysis
Next Step Community Solutions is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 August 2023, Next Step Community Solutions reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $1.3m to $2.5m (+97%), an average of +25% a year. The sharpest change came in the year to August 2021, when income rose by 59%. Over the whole period it spent 97% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Next Step Community Solutions sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Mental Health Association of Middle Tennessee ($2.5m), Watermark Health a Nonprofit Corporation ($2.5m) and Thrive SS Inc ($2.5m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $86k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $747k against liabilities of $415k, net assets of $332k. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 42%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mental Health Association of Middle Tennessee | Nashville | $2.5m |
| Watermark Health a Nonprofit Corporation | Dallas | $2.5m |
| Thrive SS Inc | Atlanta | $2.5m |
| Dream on 3 | Concord | $2.5m |