Steps Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 83,954 | 80,983 | 2,971 | 1.4 | — |
| 2020 | 119,772 | 93,947 | 25,825 | 4.4 | — |
| 2021 | 155,185 | 133,481 | 21,704 | 5.0 | — |
| 2022 | 174,321 | 163,206 | 11,115 | 4.9 | — |
| 2023 | 160,605 | 158,513 | 2,092 | 5.2 | — |
In its most recent public year (2023), this organization brought in $2,092 more than it spent. Its reserves stood at about 5.2 months of spending, up from 1.4 in 2019.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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