Steps to Recovery Inc

Analysis

Steps to Recovery Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Steps to Recovery Inc reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $734k to $1.2m (+64%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Steps to Recovery Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Society for Vascular Medicine ($1.2m), Bella Vita Network ($1.2m) and National Alliance on Mental Illness-Iowa Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $794k. At year end it held assets of $1.2m against liabilities of $888k, net assets of $271k. It reported 22 employees.