Charity Search / NEXTSTEP RALEIGH
Health Care (E50) IRS Verified DX Registered 990 on File

NEXTSTEP RALEIGH

EIN: 82-4195962 · RALEIGH, NC 27606-5141 · United States · FY 2025 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 45/100
Effectiveness (25%) 83/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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NEXTSTEP RALEIGH logo
CharityAI™ Score
Not yet evaluated
Mission Statement

NextStep Raleigh is a nonprofit paralysis recovery center committed to helping individuals living with paralysis take their next step toward greater independence and quality of life. As part of the internationally recognized NextStep network, we provide access to cutting-edge, activity-based training that is grounded in scientific evidence and driven by hope. At NextStep Raleigh, we believe that recovery is not only possible—it’s personal. Through one-on-one training, specialized equipment, and a supportive community, we help our clients work toward their unique goals, no matter where they are on their journey. Whether recovering from a spinal cord injury, stroke, or a neurological condition, every person deserves the opportunity to move forward with dignity, determination, and support.

Financial Overview — FY 2025
$547K
Total Revenue
$450K
Total Expenses
$11K
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 70.7%
Fundraising Efficiency 7.3%
Operating Reserve 0.30x
Liability-to-Asset 92.4%
Revenue Diversification 47.9%
Compared with Peers
FY 2025
Compared with 2,122 similar organizations (United States, Health Care, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
70.7% 84.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
27.2% 11.1%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.1% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
7.3% 13.0%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
0.3 mo 13.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
92.4% 0.9%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
47.9% 92.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
77.7% 6.5%
P10P90
Expense growth
Year over year expense growth
16.6% 6.0%
P10P90
Surplus margin
Surplus as a share of revenue
17.7% 5.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $547K $450K $11K 70.7% 10
2024 $308K $386K $-85,857 68.4% 8
2023 $330K $296K $-7,794 66.5% 6
2022 $243K $248K $-42,187 59.8% 6
2021 $346K $231K N/A — 8
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Organization Details
EIN
82-4195962
State
NC
City
RALEIGH
ZIP
27606-5141
Classification
E50
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2018
Form 990
On File
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