Starfish Stories Inc

Analysis

Starfish Stories Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Starfish Stories Inc reported income of $1.1m and spending of $1.3m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $632k to $1.1m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Starfish Stories Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Crisis Support Network ($1.1m), New Pa Project Education Fund ($1.1m) and Victor Valley Domestic Violence Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $344k (26% of expenses). At year end it held assets of $928k against liabilities of $753k, net assets of $174k. It reported 10 employees.