Step Into Life Ministries Inc

Analysis

Step Into Life Ministries Inc is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in July 2007, 19 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, Step Into Life Ministries Inc reported income of $113k and spending of $114k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $113k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Step Into Life Ministries Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Marthas Task Inc ($113k), Kingdom Authority Ministries International ($113k) and America Cares Too ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $6,240 (5.5% of expenses). At year end it held assets of $300k against liabilities of $211k, net assets of $89k. It reported 1 employees.