Step Higher Inc

Analysis

Step Higher Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Higher Inc reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $554k to $1.5m (+169%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Step Higher Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Strive Foundation ($1.5m), Linn County Youth Livestock Auction ($1.5m) and States 4-H International Exchange Programs ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $132k (9.3% of expenses). Other salaries and wages came to $565k. At year end it held assets of $64k against liabilities of $11k, net assets of $53k. It reported 19 employees.