Story Brothers Inc

Analysis

Story Brothers Inc is a registered charity in United States, based in San Juan Capo, CA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 January 2024, Story Brothers Inc reported income of $95k and spending of $105k, spending 110% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income grew from $88k to $95k (+7.9%), an average of +7.9% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Story Brothers Inc 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 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Corinthian Development Corporation ($95k), Camino de Paz Inc ($95k) and Mid Michigan Singh Sabha ($95k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $797 against liabilities of $33k, net assets of -$32k.