Uptown Stories Inc

Analysis

Uptown Stories Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Uptown Stories Inc reported income of $461k and spending of $412k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $292k to $461k (+58%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uptown Stories Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Go and Love Foundation ($461k), Global Idea School ($461k) and The Buggy Bunch Inc ($461k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $75k (18% of expenses). Other salaries and wages came to $122k. At year end it held assets of $342k against liabilities of $59k, net assets of $283k. It reported 5 employees.