A Step Ahead Foundation Tri-Cities

Analysis

A Step Ahead Foundation Tri-Cities is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in May 2019, 7 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, A Step Ahead Foundation Tri-Cities reported income of $447k and spending of $378k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $249k to $447k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Step Ahead Foundation Tri-Cities sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Faith at Work Ministries ($447k), Heart for Orphans Inc ($447k) and Family Promise of the Chippewa Valley Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k. It reported 5 employees.