Nextstep Raleigh

Analysis

Nextstep Raleigh is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover health care, 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 December 2023, Nextstep Raleigh reported income of $330k and spending of $296k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $243k to $330k (+36%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nextstep Raleigh sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Henry County Foundation Inc ($330k), Seabiscuit Therapeutic Riding Center ($330k) and Scott & White Foundation Brenham ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 60% of the total. Other salaries and wages came to $180k. At year end it held assets of $166k against liabilities of $174k, net assets of -$7,794. It reported 6 employees.