NXT Move Inc

Analysis

NXT Move Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2021, 5 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, NXT Move Inc reported income of $495k and spending of $494k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $22k to $495k (+2204%), an average of +380% a year. The sharpest change came in the year to December 2022, when income rose by 1362%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, NXT Move Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Reason for Our Hope Foundation Inc ($495k), Friends of Historic Second Church ($495k) and Biblical Arts Center Miracle at Pentecost Foundation ($495k).

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 $72k (15% of expenses). At year end it held assets of $30k against liabilities of $15k, net assets of $15k. It reported 1 employees.