Story County Housing Trust

Analysis

Story County Housing Trust is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Story County Housing Trust reported income of $240k and spending of $271k, spending 113% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $333k to $240k (-28%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Story County Housing Trust sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include Calm Organization Inc ($239k), Handy Dandy Handyman Co ($240k) and Sarah Jane Bentley Foundation ($239k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $116k against liabilities of $24k, net assets of $92k.