Narrative Arts

Analysis

Narrative Arts is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Narrative Arts reported income of $389k and spending of $310k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $395k to $389k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Narrative Arts sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Lifenet Inc a New Jersey Non-Profit Corporation ($388k), American Association of University Women - St Paul Branch ($389k) and Kentucky Hunters for the Hungry Inc ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $87k (28% of expenses). It paid $1,950 in professional fundraising fees. At year end it held assets of $442k against liabilities of $0, net assets of $442k.