Step Up Bisbee-Naco Inc

Analysis

Step Up Bisbee-Naco Inc is a registered charity in United States, based in Bisbee, AZ. It received its IRS tax-exemption ruling in March 1998, 28 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 June 2024, Step Up Bisbee-Naco Inc reported income of $522k and spending of $614k, spending 118% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $269k to $522k (+94%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 50%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Step Up Bisbee-Naco Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include Zeina Lorraine Inc ($522k), The Crystal Dreams Foundation ($523k) and Food Forever Fund Inc ($522k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $264k. At year end it held assets of $104k against liabilities of $64k, net assets of $40k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.