Step Foundation

Analysis

Step Foundation is a registered charity in United States, based in Seneca, KS. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Foundation reported income of $446k and spending of $130k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $446k (+160%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 295%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Step Foundation 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 68th percentile, and in the 69th percentile within KS. Charities of a similar size with the same main cause include Altar Fly Fishing ($446k), Unionville Sports Council ($446k) and Fresh Start for All Nations ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $28k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 1 employees.