Front Steps Housing and Services Front Steps Housing and Services

Analysis

Front Steps Housing and Services Front Steps Housing and Services is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, Front Steps Housing and Services Front Steps Housing and Services reported income of $1.7m and spending of $1.5m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Front Steps Housing and Services Front Steps Housing and Services sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Senior Citizen Co of CC Inc ($1.7m), Architectural Heritage Foundation Inc ($1.7m) and Blue Stars Performing Arts for Youth Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $99k (6.8% of expenses). Other salaries and wages came to $613k. At year end it held assets of $2.3m against liabilities of $67k, net assets of $2.2m. It reported 19 employees.