Next Step Recovery Home Inc

Analysis

Next Step Recovery Home Inc is a registered charity in United States, based in Jasper, IN. It received its IRS tax-exemption ruling in October 2021, 5 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 Home Inc reported income of $207k and spending of $33k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $252k to $207k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 7.9% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Next Step Recovery Home Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Whatever It Takes Ministries Inc ($207k), Community & Life Services Inc ($207k) and Comite Noviembre-Mes de LA Herencia Puertoriquena ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $423k against liabilities of $0, net assets of $423k.