Stepup Durham

Analysis

Stepup Durham is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 2017, 9 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 2023, Stepup Durham reported income of $833k and spending of $829k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $470k to $833k (+77%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stepup Durham sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Services for Independent Living ($833k), Bullard Family Foundation Inc ($834k) and Epiphany Preschool ($833k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $499k against liabilities of $5,136, net assets of $493k. It reported 7 employees.