First Step Staffing

Analysis

First Step Staffing is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, First Step Staffing reported income of $63.9m and spending of $63.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $49.7m to $63.9m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, First Step Staffing sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Manned Space Flight Education Foundation Incorporated ($61.8m), Alphapointe ($65.1m) and Goodwill Industries of Southwest Florida Inc ($61.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.3m (2.0% of expenses). Other salaries and wages came to $49.4m. It paid $7,049 in professional fundraising fees. At year end it held assets of $24.0m against liabilities of $14.9m, net assets of $9.2m. It reported 7,638 employees.