Stepping Stones Educational Therapy Center Inc

Analysis

Stepping Stones Educational Therapy Center Inc is a registered charity in United States, based in Griffin, GA. It received its IRS tax-exemption ruling in October 1990, 36 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, Stepping Stones Educational Therapy Center Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $957k to $1.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stepping Stones Educational Therapy Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Libertys Promise Inc ($1.2m), Ardent Community Trust of Pennsylvania ($1.2m) and Wichita Mountains Prevention Network Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $67k (5.6% of expenses). Other salaries and wages came to $696k. At year end it held assets of $1.7m against liabilities of $166k, net assets of $1.6m.