Next Careers

Analysis

Next Careers is a registered charity in United States, based in Monrovia, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Next Careers reported income of $89k and spending of $71k, spending 80% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $57k to $89k (+57%), an average of +57% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Next Careers sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Naval Rotc Scholarship Fund Inc ($89k), Dreamroot Leadership Institute ($89k) and Hekab Be Biblioteca ($89k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $163k against liabilities of $2,040, net assets of $161k.