Story City Senior Citizens Incorporated

Analysis

Story City Senior Citizens Incorporated is a registered charity in United States, based in Story City, IA. It received its IRS tax-exemption ruling in April 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Story City Senior Citizens Incorporated reported income of $363k and spending of $383k, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $367k to $363k (-1.0%), an average of -0.3% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Story City Senior Citizens Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Ukraine Orphan Outreach ($363k), Womens Fund of East Tenenssee ($363k) and Safe Refuge for Children and Families ($363k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $70k (18% of expenses). Other salaries and wages came to $170k. At year end it held assets of $342k against liabilities of $16k, net assets of $326k. It reported 7 employees.