Larger Story Inc

Charity Navigator Rating: 75%, Three-Star out of Four Star Rating.

Larger Story Inc has received a solid Three-Star rating from Charity Navigator, reflecting a score of 75%. This rating is based entirely on the Accountability and Finance beacon, which indicates that the organization demonstrates a good level of transparency and financial responsibility. The most recent fiscal year, FY2023, reports an impressive program expense ratio of 75.45%, suggesting that a significant portion of its expenses is directed towards its charitable activities.

The charity has exemplary governance practices, with an independent board composed entirely of eight members, indicating a strong commitment to avoiding conflicts of interest. Furthermore, the organization has robust policies in place, including a whistleblower policy and documented board meeting minutes, which enhance its accountability. The absence of any material diversion of assets highlights the integrity with which the organization operates.

However, while the overall score is commendable, there are no additional beacons factored into the rating, which means that the charity's performance in other areas such as impact measurement and donor engagement is not assessed. This limitation suggests that potential donors may want to seek further information before making contributions.

This AI summary has been generated from information found on Charity Navigator.

Larger Story Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larger Story Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,000

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