Steamboat Trails Inc

Analysis

Steamboat Trails Inc is a registered charity in United States, based in Batavia, OH. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Steamboat Trails Inc reported income of $250k and spending of $325k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $250k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Steamboat Trails Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Youth Towers Incorporated ($250k), Memphis Housing Strategies ($250k) and San Joaquin Valley Housing Collaborative ($250k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $55k. At year end it held assets of $1.7m against liabilities of $54k, net assets of $1.6m. It reported 18 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.