Step Onward Foundation

Analysis

Step Onward Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2024, Step Onward Foundation reported income of $304k and spending of $311k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $249k to $304k (+22%), an average of +10% a year. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Step Onward Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Kidz Dreamz Klub ($304k), Pop Kids School ($304k) and Yo Digo No Mas ($304k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 114% of the total. Compensation of current officers, directors and key employees was $132k (43% of expenses). At year end it held assets of $319k against liabilities of $4,488, net assets of $314k. It reported 2 employees.