Sacred Story Institute

Analysis

Sacred Story Institute is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sacred Story Institute reported income of $574k and spending of $381k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $574k (+139%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sacred Story Institute sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Islamic Center of Warren ($574k), Cec Foundation ($575k) and Timber Creek House of Prayer Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $128k. At year end it held assets of $393k against liabilities of $1,639, net assets of $391k. It reported 2 employees.