Nextflex Learning Programs

Analysis

Nextflex Learning Programs is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Nextflex Learning Programs reported income of $3.5m and spending of $3.1m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $345k to $3.5m (+916%), an average of +78% a year. The sharpest change came in the year to September 2021, when income rose by 305%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nextflex Learning Programs sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include University Preparatory Academy Palm Beach Inc ($3.5m), Georgia Military College Foundation Inc ($3.5m) and Imagine Columbus Primary Academy ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.1m.