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Step by Step Ministries Inc

RegisteredEIN 35-1944218Porter, INReligion
Income$87k2023-12
Spending$60ksame year
Spent / received95%2-year average
Size in its cause38th pctReligion
Exempt since1995Publicly supported organisat
Employees–latest return

Analysis

Step by Step Ministries Inc is a registered charity in United States, based in Porter, IN. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Step by Step Ministries Inc reported income of $87k and spending of $60k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $87k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Step by Step Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within IN. Charities of a similar size with the same main cause include Bush Mission International Inc ($87k), Gnostic Christian Churches USA Corp ($87k) and One Way International ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $1,000, net assets of $34k.

Income and spending

$0$22k$43k$65k$87k2022 Income: $60,4842022 Spending: $79,52120222023 Income: $86,6482023 Spending: $59,7182023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Bush Mission International IncJonesboro$87k
Gnostic Christian Churches USA CorpMiami$87k
One Way InternationalSan Antonio$87k
Farm HaitiLakeville$87k