Small Steps for Compassion

Analysis

Small Steps for Compassion is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in August 2016, 10 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, Small Steps for Compassion reported income of $507k and spending of $597k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $771k to $507k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Small Steps for Compassion sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Christians in Action Inc ($507k), Hope Bridge ($507k) and Mansfield Training School District ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $83k. At year end it held assets of $102k against liabilities of $53k, net assets of $49k. It reported 2 employees.