Stepping Out Housing Inc

Analysis

Stepping Out Housing Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in June 1991, 35 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 June 2023, Stepping Out Housing Inc reported income of $531k and spending of $450k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $430k to $531k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stepping Out Housing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Imani and Unidad Inc ($531k), Hospital Hospitality House of Saginaw Incorporated ($531k) and Red Bird Clinc Inc ($531k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. At year end it held assets of $666k against liabilities of $652k, net assets of $14k.