Steps to New Freedom

Analysis

Steps to New Freedom is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 2003, 23 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, Steps to New Freedom reported income of $659k and spending of $666k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $614k to $659k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Steps to New Freedom sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include Free Range Psychiatry Inc ($659k), Safe Harbor Medical Inc ($659k) and Pregnancy Aid-South Suburbs Inc ($658k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $122k (18% of expenses). Other salaries and wages came to $47k. At year end it held assets of $294k against liabilities of $6,214, net assets of $287k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.