Civicstory Inc

Analysis

Civicstory Inc is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Civicstory Inc reported income of $68k and spending of $82k, spending 121% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $82k to $68k (-17%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Civicstory Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Latvian Cultural Association Tilts Inc ($68k), Crisfield Arts & Entertainment District Inc ($68k) and Manchester Historical Society ($68k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $16k, net assets of $25k.