Next Steps Employment Services Corp

Analysis

Next Steps Employment Services Corp is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in October 2016, 10 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 Employment Services Corp reported income of $1.8m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $910k to $1.8m (+100%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 99% 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 Employment Services Corp sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Care4all Children Services Incorporated ($1.8m), Oahe Foundation ($1.8m) and Michigan Gateway Comm Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $178k (10% of expenses). Other salaries and wages came to $761k. At year end it held assets of $26k against liabilities of $0, net assets of $26k. It reported 24 employees.