Together for Story County Inc

Analysis

Together for Story County Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in October 2021, 5 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, Together for Story County Inc reported income of $488k and spending of $498k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $225k to $488k (+116%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Together for Story County Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Infaith Foundation ($487k), Kollel Ohr Hatalmud Inc ($488k) and Trochia Ministries ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $86k (17% of expenses). Other salaries and wages came to $292k. At year end it held assets of $75k against liabilities of $2,462, net assets of $73k. It reported 47 employees.