Next Step Recovery Housing

Analysis

Next Step Recovery Housing is a registered charity in United States, based in Clarksville, AR. It received its IRS tax-exemption ruling in April 2019, 7 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 Step Recovery Housing reported income of $310k and spending of $331k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $668k to $310k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Next Step Recovery Housing sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Baptist Home of Philadelphia ($310k), Families Helping Families Region7 ($310k) and Friends of the Fatherless ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (9.2% of expenses). Other salaries and wages came to $85k. At year end it held assets of $498k against liabilities of $64k, net assets of $434k. It reported 4 employees.