Steppin in Foundation Inc

Analysis

Steppin in Foundation Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in May 1990, 36 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, Steppin in Foundation Inc reported income of $76k and spending of $87k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $76k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steppin in Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within MT. Charities of a similar size with the same main cause include Road Runners Club of America ($76k), Chicago Black Methodists for Church Renewal Inc ($76k) and New York Conference of the American Assoc of University Profess Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $13k against liabilities of $8,595, net assets of $3,917.