Step One Halfway House Inc

Analysis

Step One Halfway House Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Step One Halfway House Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Step One Halfway House Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Teller Senior Coalition Inc ($1.3m), Greater Randolph Area Service Programs Inc ($1.3m) and Charlesview Charities Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $37k (3.1% of expenses). At year end it held assets of $209k against liabilities of $289, net assets of $209k.