Early Steps Learning Foundation

Analysis

Early Steps Learning Foundation is a registered charity in United States, based in Crystal, MN. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Early Steps Learning Foundation reported income of $385k and spending of $428k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $385k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Early Steps Learning Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Columbus Hospice Inc Building Irrv Endowment TR ($385k), Morning Star Child Care ($385k) and Launch Point CDC Inc ($385k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $100k (23% of expenses). Other salaries and wages came to $60k. At year end it held assets of $101k against liabilities of $34k, net assets of $67k. It reported 7 employees.