Marshall First Step Academy

Analysis

Marshall First Step Academy is a registered charity in United States, based in Marshall, IL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marshall First Step Academy reported income of $282k and spending of $285k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $282k (+301%), an average of +302% a year. The sharpest change came in the year to December 2023, when income rose by 301%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marshall First Step Academy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Know Agenda Foundation ($282k), Saint Michael Academy ($282k) and Sullivan Montessori Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $16k (5.7% of expenses). Other salaries and wages came to $108k. At year end it held assets of $6,590 against liabilities of $0, net assets of $6,590. It reported 21 employees.