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Right Step Inc

RegisteredEIN 43-2108807Milwaukee, WIEducation and training
Income$802k2023-06
Spending$648ksame year
Spent / received92%4-year average
Size in its cause73rd pctEducation and training
Exempt since2007Publicly supported organisat
Employees3latest return

Analysis

Right Step Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Right Step Inc reported income of $802k and spending of $648k, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $735k to $802k (+9.1%), an average of +3.0% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Right Step Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Catholic Memorial School Foundation Inc ($802k), Toledo Tomorrow ($802k) and Alliance of Hsi Educators ($802k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $95k (15% of expenses). Other salaries and wages came to $148k. At year end it held assets of $688k against liabilities of $357k, net assets of $330k. It reported 3 employees.

Income and spending

$0$201k$401k$602k$802k2020 Income: $735,1112020 Spending: $744,41320202021 Income: $597,2712021 Spending: $582,98820212022 Income: $580,0972022 Spending: $535,66520222023 Income: $802,3012023 Spending: $647,5132023
IncomeSpending

Where the income comes from

  • Contributions & grants 2.5%
  • Program services 39%
  • Other 58%

Similar-sized charities, same cause

CharityLocationIncome
Catholic Memorial School Foundation IncWest Roxbury$802k
Toledo TomorrowToledo$802k
Alliance of Hsi EducatorsLA Verne$802k
Samish Montessori SchoolBellingham$802k