Next Gen Under 30 Foundation

Analysis

Next Gen Under 30 Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, Next Gen Under 30 Foundation reported income of $251k and spending of $267k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $281k to $251k (-11%), an average of -11% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Next Gen Under 30 Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within OK. Charities of a similar size with the same main cause include Fann Cleaning Services Inc ($251k), Mobilepreacher Org Inc ($251k) and Lasos ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $148k against liabilities of $8,978, net assets of $139k.