Next Generation Impact Foundation

Analysis

Next Generation Impact Foundation is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in February 2020, 6 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 Generation Impact Foundation reported income of $280k and spending of $341k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $17k to $280k (+1561%), an average of +155% a year. The sharpest change came in the year to December 2021, when income rose by 1204%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Next Generation Impact Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include Birthline ($280k), Interfaith of Natrona County Inc ($280k) and Ms Lindas Day Care Center Inc ($280k).

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 $122k (36% of expenses). Other salaries and wages came to $147k. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 9 employees.