Steps

Analysis

Steps is a registered charity in United States, based in Oak Harbor, WA. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Steps reported income of $2.5m and spending of $2.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.5m (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Steps sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Second Wind Dreams Inc ($2.5m), Fairfax-San Anselmo Childrens Center ($2.5m) and Family Extended Care of Punta Gorda Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Other salaries and wages came to $1.8m. It paid $7,505 in professional fundraising fees. At year end it held assets of $787k against liabilities of $69k, net assets of $718k. It reported 31 employees.