Steps Together

Analysis

Steps Together is a registered charity in United States, based in Hillsborough, NJ. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Steps Together reported income of $176k and spending of $153k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $176k (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Steps Together sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Texas Guardianship Association ($176k), Affordable for Ny Inc ($176k) and Sunrise of Africa School Charitable Foundation Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $15k (10% of expenses). At year end it held assets of $260k against liabilities of $0, net assets of $260k.