In His Steps Foundation

Analysis

In His Steps Foundation is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, In His Steps Foundation reported income of $8.3m and spending of $19.8m, spending 239% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.6m to $8.3m (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, In His Steps Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Hana Health ($8.3m), Dekalb County Community Foundation ($8.3m) and Community Foundation Alliance Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $148k (0.7% of expenses). Other salaries and wages came to $79k. At year end it held assets of $44.2m against liabilities of $5.9m, net assets of $38.3m. It reported 3 employees.