Step

Analysis

Step is a registered charity in United States, based in Browerville, MN. It received its IRS tax-exemption ruling in April 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 reported income of $1.9m and spending of $1.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Step sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Engage Inc ($1.9m), Greater Valley Community Services Inc ($1.9m) and Childrens Nutrition of Florida Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 92% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $162k, net assets of $1.3m. It reported 108 employees.