Next Breath Inc

Analysis

Next Breath Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Breath Inc reported income of $75k and spending of $52k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $56k to $75k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Next Breath Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Kym Sellers Foundation ($75k), Methodist Hospitals of Dallas Guild ($75k) and Ripplaffect Inc ($75k).

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 $116k against liabilities of $4,541, net assets of $112k.