Next Chapter Ministries

Analysis

Next Chapter Ministries is a registered charity in United States, based in Summit, MS. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Chapter Ministries reported income of $69k and spending of $69k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $69k (+1.3%), an average of +1.3% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Next Chapter Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within MS. Charities of a similar size with the same main cause include Delmarva Gospel Music Association ($69k), International House of Praise Evangelical Mission ($69k) and Harvest Field Ministries ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $256 against liabilities of $0, net assets of $256.