Story City Greater Community Congress

Analysis

Story City Greater Community Congress is a registered charity in United States, based in Story City, IA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Story City Greater Community Congress reported income of $115k and spending of $121k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to December 2023, income fell from $217k to $115k (-47%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 455%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Story City Greater Community Congress sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within IA. Charities of a similar size with the same main cause include Little League Baseball Inc ($115k), Heritage Village of Boonville Inc ($115k) and Womens Foundation of Geater Saint Louis ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $48k (39% of expenses). Other salaries and wages came to $17k. At year end it held assets of $1.6m against liabilities of $142k, net assets of $1.4m. It reported 11 employees.