Stepping Stone Charlottesville

Analysis

Stepping Stone Charlottesville is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Stepping Stone Charlottesville reported income of $122k and spending of $45k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $195 to $122k (+62429%), an average of +2401% a year. The sharpest change came in the year to December 2023, when income rose by 243762%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stepping Stone Charlottesville sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Oma Center for Mind Body and Spirit Inc ($122k), The Ogopogo Foundation ($122k) and Jou Nouvo-New Day ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.