Stepping Higher Inc

Analysis

Stepping Higher Inc is a registered charity in United States, based in LA Mesa, CA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Stepping Higher Inc reported income of $395k and spending of $401k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $395k (+492%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 294%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stepping Higher Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Aamva Region II Inc ($395k), School of Lexia ($395k) and Madres de Casino RD Foundation ($395k).

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 $102k (26% of expenses). Other salaries and wages came to $182k. At year end it held assets of $64k against liabilities of $58k, net assets of $5,669. It reported 4 employees.