Step by Step Supportive Services Inc

Analysis

Step by Step Supportive Services Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in May 2014, 12 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 by Step Supportive Services Inc reported income of $3.2m and spending of $2.2m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.2m (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Step by Step Supportive Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Urban League of Greater Oklahoma City Inc ($3.2m), Charitable Assistance to Communitys Homeless ($3.2m) and Association for Clinical Pastoral Education Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $195k (9.0% of expenses). Other salaries and wages came to $773k. At year end it held assets of $2.7m against liabilities of $812k, net assets of $1.9m. It reported 17 employees.