Big Step Inc

Analysis

Big Step Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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, Big Step Inc reported income of $608k and spending of $355k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $608k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Step Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include National Shrine of Saint Frances Xavier Cabrini Inc ($608k), Friars Club Inc ($608k) and Samaritan Healthcare Inc ($608k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $848k against liabilities of $53k, net assets of $794k.