Charity Storage Inc

Analysis

Charity Storage Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Charity Storage Inc reported income of $159k and spending of $115k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $262k to $159k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charity Storage Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include TDNT Social Services Inc ($159k), Red Hook Responds Incorporated ($159k) and Kedrick Scribner Foundation Inc ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $198k against liabilities of $49k, net assets of $148k.