Third Story Inc

Analysis

Third Story Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Third Story Inc reported income of $126k and spending of $111k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $126k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Third Story Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within CO. Charities of a similar size with the same main cause include Broken Wings Ministries Inc ($126k), Regents of the University of Minnesota ($126k) and Murfreesboro Muslim Youth Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (63% of expenses). At year end it held assets of $96k against liabilities of $435, net assets of $96k.