Storyweavers Global Inc

Analysis

Storyweavers Global Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Storyweavers Global Inc reported income of $65k and spending of $98k, spending 151% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $65k (-0.8%), an average of -0.8% a year. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Storyweavers Global Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Shivers Ministries Inc ($65k), North Central Northwestern Religious Education Program ($65k) and Doug Jones Ministries Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $149k against liabilities of $160, net assets of $149k.