One Story Inc

Analysis

One Story Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, One Story Inc reported income of $379k and spending of $445k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $335k to $379k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One Story Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Intergenerational Cleveland ($379k), Ark of the Rainbow Corporation ($379k) and Family Learning Organization of ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $85k (19% of expenses). Other salaries and wages came to $125k. At year end it held assets of $136k against liabilities of $127k, net assets of $9,164. It reported 5 employees.