Stepping Stone Shelter Inc

Analysis

Stepping Stone Shelter Inc is a registered charity in United States, based in Liberal, KS. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Stepping Stone Shelter Inc reported income of $235k and spending of $229k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $235k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 175%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stepping Stone Shelter Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within KS. Charities of a similar size with the same main cause include Eastside Community Development Fund ($235k), City of Refuge ($236k) and Alvarez Court Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 139% of the total. Compensation of current officers, directors and key employees was $113k (50% of expenses). At year end it held assets of $855k against liabilities of $722, net assets of $854k.