Storehouse INC

Tax-deductible

Beckley, WV501(c)(3)Human ServicesEIN 61-1938343Revenue $81K in FY2024

On file with the IRScharitynavigator.org353 Ragland Rd, 25801-9761 · Beckley, WVTax-exempt since Oct 2019Publicly supported charity — 170(b)(1)(A)(vi)

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Rebuilding communities that have been affected by poverty by proiding food, clothing, and other resources.

501(c)(3) charity; gifts are tax-deductible.
$13K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $38K a year · 17% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Pay to officers and key staff
$13K
to officers and key staff
Top officer’s pay lower than 82% of similar orgs
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$81K
-70% vs prior year
Net assets
$336
By yearFY2020–FY2024
Revenue
$81K
FY2024▼ -70%
Tap a bar for its year
Revenue by fiscal year
FY2020$196K
FY2021$220K
FY2022$210K
FY2023$273K
FY2024$81K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020$96K
FY2021$232K
FY2022$179K
FY2023$240K
FY2024Not on file
Net assets
$336
FY2024▼ -99%
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021$28K
FY2022$56K
FY2023$23K
FY2024$336

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990-EZ; $13K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer
$6,600Pt VII · Sec A
$6,600Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Vanessa Smith’s $7K as Treasurer is at the 18th percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Vanessa Smith$6,600—$15,600—
Adam Smith$6,600$15,600$15,600—
Christina Hawkins—$15,600$15,600—
Christina———$15,600
Adam———$15,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Provides food, clothing, and resources to rebuild communities impacted by poverty.

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Provided by the organization

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3 programs · $10K · in their own filed words · FY2023
01

Provided school scholarships and grants

$10Kprogram expense
02

Provided food, clothing and other resources to approximately 2300 families

$400program expense
03

Provided utility and rental assistance

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $23K · 2021–2021
Unitemized GrantFY2021$10,499
Unitemized GrantFY2021$9,570
Unitemized GrantFY2021$1,710
Unitemized GrantFY2021$1,612

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$81K
Other income$81K
Owns and owes
$336
net assets
People
3
listed
Paid2
2In more detail
Revenue in detail
Other income$81K
Total revenue$81K
Assets in detailEnd of year
Net assets$336
Operations
Employees12
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $81K$336 990 PDF
FY2023 $273K$240K$33K$23K 990 PDF
FY2022 $210K$179K$31K$56K 990 PDF
FY2021 $220K$232K−$11K$28K 990 PDF
FY2020 $196K$96K$100K$28K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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