Next Rung Inc

Analysis

Next Rung Inc is a registered charity in United States, based in Madison, GA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Rung Inc reported income of $130k and spending of $169k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $130k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 104% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Next Rung Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within GA. Charities of a similar size with the same main cause include Nicasio Volunteer Fire Department ($130k), Quinlan Volunteer Fire Department ($130k) and Perrysburg Volunteer Fire Company 1 Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $24k against liabilities of $952, net assets of $23k.