Primeros Pasos Inc

Analysis

Primeros Pasos Inc is a registered charity in United States, based in Georgetown, DE. It received its IRS tax-exemption ruling in April 1999, 27 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, Primeros Pasos Inc reported income of $1.3m and spending of $933k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $482k to $1.3m (+165%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 161%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Primeros Pasos Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within DE. Charities of a similar size with the same main cause include Kid One Transport System Inc ($1.3m), Kind to Kids Foundation ($1.3m) and Senior Citizens Association in Florence County ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 5.7% of the total. Other salaries and wages came to $657k. At year end it held assets of $3.7m against liabilities of $7,153, net assets of $3.7m. It reported 25 employees.