Team Stepping Stones Foundation

Analysis

Team Stepping Stones Foundation is a registered charity in United States, based in Union City, CA. It received its IRS tax-exemption ruling in April 2021, 5 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 July 2023, Team Stepping Stones Foundation reported income of $72k and spending of $44k, leaving 39% of income unspent that year. Across the 3 years on record, from July 2021 to July 2023, income grew from $30 to $72k (+241003%), an average of +4810% a year. The sharpest change came in the year to July 2022, when income rose by 320853%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Team Stepping Stones Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Westlake Chinese Culture Association ($72k), Old Post Road Parent Advisory Committee ($72k) and Rotary Club of Sutherlin ($72k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $81k against liabilities of $9,407, net assets of $72k.