New Story Ministries Inc

Analysis

New Story Ministries Inc is a registered charity in United States, based in Chipley, FL. It received its IRS tax-exemption ruling in April 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 December 2023, New Story Ministries Inc reported income of $54k and spending of $45k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $54k (-23%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Story Ministries Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Plainview Band Boosters Inc ($54k), Nehemiah International Ministry ($54k) and Boulder Park Meditation Center Inc ($54k).

At year end it held assets of $0 against liabilities of $0, net assets of $0.