First Step Recovery Homes Inc

Analysis

First Step Recovery Homes Inc is a registered charity in United States, based in McKeesport, PA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 October 2023, First Step Recovery Homes Inc reported income of $515k and spending of $471k, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $442k to $515k (+17%), an average of +3.9% a year. The sharpest change came in the year to October 2022, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, First Step Recovery Homes Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Community Ambulance ($515k), Cascade Medical Advantage ($515k) and Emergence Benefactors ($515k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 64% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $65k (14% of expenses). Other salaries and wages came to $180k. At year end it held assets of $204k against liabilities of $101k, net assets of $102k. It reported 17 employees.