Step-Student Expedition Program Inc

Analysis

Step-Student Expedition Program Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 2003, 23 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 August 2023, Step-Student Expedition Program Inc reported income of $858k and spending of $780k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $484k to $858k (+77%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Step-Student Expedition Program Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Galesburg Public Library Foundation ($857k), Indi-Ed Foundation Inc ($858k) and Bainbridge Schools Foundation ($857k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $110k (14% of expenses). Other salaries and wages came to $238k. At year end it held assets of $1.1m against liabilities of $10k, net assets of $1.0m. It reported 7 employees.