Front Step Inc

Analysis

Front Step Inc is a registered charity in United States, based in Royersford, PA. It received its IRS tax-exemption ruling in March 2001, 25 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 March 2024, Front Step Inc reported income of $255k and spending of $253k, spending 99% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $292k to $255k (-13%), an average of -3.3% a year. The sharpest change came in the year to March 2021, when income dropped by 55%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Front Step Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Hilltop Ranch ($255k), Project Green ($255k) and A Nurses Touch Transitional Home ($255k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 90% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $66k (26% of expenses). Other salaries and wages came to $1,017. At year end it held assets of $445k against liabilities of $3,373, net assets of $441k. It reported 4 employees.