Story District Inc

Analysis

Story District Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Story District Inc reported income of $448k and spending of $568k, spending 127% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $571k to $448k (-22%), an average of -5.9% a year. The sharpest change came in the year to August 2022, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Story District Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 41st percentile within DC. Charities of a similar size with the same main cause include Lufkin Christian Academy ($448k), Cambridge Classical Academy ($448k) and Carter Christian Academy Inc ($448k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Other salaries and wages came to $205k. At year end it held assets of $315k against liabilities of $51k, net assets of $264k. It reported 3 employees.