A Step Ahead Foundation of East Tennessee Inc

Analysis

A Step Ahead Foundation of East Tennessee Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover health care, 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, A Step Ahead Foundation of East Tennessee Inc reported income of $248k and spending of $206k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $146k to $248k (+70%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Step Ahead Foundation of East Tennessee Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Cruisin for a Cure ($248k), On Eagles Wings Inc ($248k) and Ohio Dermatological Foundation ($248k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (30% of expenses). Other salaries and wages came to $37k. At year end it held assets of $151k against liabilities of $3,469, net assets of $148k. It reported 3 employees.