Progressive Steps

Analysis

Progressive Steps is a registered charity in United States, based in Rex, GA. It received its IRS tax-exemption ruling in June 2023, 3 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, Progressive Steps reported income of $207k and spending of $225k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $490k to $207k (-58%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Progressive Steps sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Bethany Place Inc ($207k), Journey for Life ($207k) and Community Response Coalition of Kentucky Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $30k (13% of expenses). Other salaries and wages came to $52k. At year end it held assets of $34k against liabilities of $13k, net assets of $20k. It reported 7 employees.