Next Chance Rescue Inc

Analysis

Next Chance Rescue Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Chance Rescue Inc reported income of $85k and spending of $98k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $85k (-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 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Next Chance Rescue Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Urban Nations Outreach Inc ($85k), Destiny Center of Desoto County ($85k) and Charis Ministry Partners ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $3,743 against liabilities of $11k, net assets of -$7,280.