Good Story Co

Analysis

Good Story Co is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Good Story Co reported income of $151k and spending of $131k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $151k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good Story Co sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Frontier Gospel Mission Inc ($151k), Apostolic Latin American Missionary Projects Inc ($151k) and Appamada ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.5% of the total. At year end it held assets of $72k against liabilities of $2,133, net assets of $69k.