First Step Back Home Inc

Analysis

First Step Back Home Inc is a registered charity in United States, based in Lake St Louis, MO. It received its IRS tax-exemption ruling in October 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, First Step Back Home Inc reported income of $232k and spending of $223k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $232k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Step Back Home Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include Action Payee Services Inc ($232k), Healthy Harvest of North Iowa ($232k) and Global Partners in Life Inc ($232k).

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 $42k (19% of expenses). Other salaries and wages came to $9,022. At year end it held assets of $272k against liabilities of $1,410, net assets of $271k. It reported 3 employees.