The Right Step Inc

Analysis

The Right Step Inc is a registered charity in United States, based in Louviers, CO. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Right Step Inc reported income of $215k and spending of $236k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $255k to $215k (-16%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Right Step Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Horses N Heroes of Marion County Inc ($215k), Glenview Park Foundation Inc ($215k) and Scott County Youth Baseball Boosters ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $26k (11% of expenses). Other salaries and wages came to $60k. At year end it held assets of $134k against liabilities of $7,085, net assets of $126k. It reported 10 employees.