Step Up

Analysis

Step Up is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in December 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Step Up reported income of $162k and spending of $149k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $162k (+134%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 225%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Step Up sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Hope Home Ministry ($162k), Robert Street Realty Corp ($162k) and Sheperds Place Foundation ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 6.9% of the total. Other salaries and wages came to $87k. At year end it held assets of $513k against liabilities of $1,363, net assets of $512k. It reported 8 employees.