Our Steps Inc

Analysis

Our Steps Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Our Steps Inc reported income of $104k and spending of $84k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $104k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Our Steps Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Filipino American Council of Chicago ($104k), Walking Shadow Theater Company ($104k) and Luren Singing Society ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $78k against liabilities of $7,163, net assets of $71k.