Steps to Victory Inc

Analysis

Steps to Victory Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in October 2009, 17 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 December 2023, Steps to Victory Inc reported income of $187k and spending of $210k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $187k (+1.5%), an average of +1.5% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Steps to Victory Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Healthy U ($187k), The BDK Fund ($187k) and Tillamook County Charities ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of -$23k against liabilities of $0, net assets of -$23k.