Step Forward Global Ministries Inc

Analysis

Step Forward Global Ministries Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Step Forward Global Ministries Inc reported income of $847k and spending of $386k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $847k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Step Forward Global Ministries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Texarkana College Foundation Inc ($847k), Emerald School of Excellence Inc ($847k) and Tyburn Academy ($846k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.8m against liabilities of $1,580, net assets of $1.8m.