Story School

Analysis

Story School is a registered charity in United States, based in Lunenburg, MA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Story School reported income of $431k and spending of $491k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $551k to $431k (-22%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Story School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Central Iowa Aquatic Inc ($431k), Hamilton County Community Tennis Association Inc ($432k) and Winnebago County Fair Association ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $46k (9.4% of expenses). Other salaries and wages came to $122k. At year end it held assets of $180k against liabilities of $288k, net assets of -$107k. It reported 34 employees.