Step One School

Analysis

Step One School is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 1983, 43 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 August 2023, Step One School reported income of $3.0m and spending of $2.6m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.7m to $3.0m (+13%), an average of +3.1% a year. The sharpest change came in the year to August 2022, when income rose by 63%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Step One School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Quincy Area Network Against Domestic Abuse ($3.0m), Mockingbird Society ($3.0m) and Jewish Family & Childrens Service of Greater Mercer Co ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $265k (10% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.6m against liabilities of $355k, net assets of $3.2m. It reported 34 employees.