The Step Up Foundation

Analysis

The Step Up Foundation is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, The Step Up Foundation reported income of $338k and spending of $133k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $295k to $338k (+15%), an average of +15% a year. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Step Up Foundation 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 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Blakey Weaver Counseling Center Inc ($338k), Come to Him Ministries ($338k) and Mental Health Association of Fauquier County Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $15k in professional fundraising fees. At year end it held assets of $309k against liabilities of $0, net assets of $309k.