Nexthome Disaster Relief Foundation

Analysis

Nexthome Disaster Relief Foundation is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 September 2023, Nexthome Disaster Relief Foundation reported income of $236k and spending of $62k, leaving 74% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $207k to $236k (+14%), an average of +14% a year. Over the whole period it spent 18% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Nexthome Disaster Relief Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Southern Arizona Law Enforcement Foundation Inc ($236k), King County Search and Rescue Association ($236k) and Cheriton Volunteer Fir Co Inc ($236k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $366k against liabilities of $0, net assets of $366k.