12 Step Life

Analysis

12 Step Life is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, 12 Step Life reported income of $209k and spending of $208k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $174k to $209k (+20%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 12 Step Life sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Gentry House Inc ($209k), Sawtooth Housing Corporation of Grand Marais ($209k) and Asi Davis Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $145k (70% of expenses). At year end it held assets of $65k against liabilities of $14k, net assets of $50k.