New Stories

Analysis

New Stories is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Stories reported income of $708k and spending of $737k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $326k to $708k (+117%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Stories sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Media Childrens House ($708k), McEachern High School Athletic Booster Club Inc ($708k) and Roots Community School ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $43k. At year end it held assets of $200k against liabilities of $44k, net assets of $157k. It reported 1 employees.