Next Move Homeless Services

Analysis

Next Move Homeless Services is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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 Move Homeless Services reported income of $13.2m and spending of $14.1m, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $5.6m to $13.2m (+134%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Next Move Homeless Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Behavior Management Systems Inc ($13.2m), Lutheran Home - Wilmington Inc ($13.2m) and Spero ($13.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $157k (1.1% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $7.9m against liabilities of $5.7m, net assets of $2.2m.