The Storehouse of Collin County
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The mission of The Storehouse Community Center is to feed, clothe and care as neighbors in one community.
- Income
- $15.1 million
- Spending
- $12.6 million
- Spent on programs
- 93%
- Reserves
- -2 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 32
- Volunteers
- 2,200
- Highest pay
- $154,516, coo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 35% of charities in its peer group (community improvement, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 46% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
15 of 15Income rose 32% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 42% of charities in its peer group (community improvement, $10m to $100m).
Independent board
25 of 2518 of 18 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $7.8 million spent. The Storehouse Community Center (TSCC) offers neighbors food, clothing, resource, connection, and an adult education program that culminates in job partnerships and training that connects neighbors with high-quality, stable employment. Each year, TSCC serves around 160,000 unduplicated neighbors who live at or below the federal poverty minimum through its programs.TSCC's food pantry, Seven Loaves, is many neighbors' first introduction to The Storehouse and provides food to approximately 4,000 families monthly. Neighbors receive food by appointment, and TSCC serves food on Tuesday, Wednesday, and Thursday afternoons.
- $2.9 million spent. TSCC's clothing closet, Josephs Coat, distributes new and gently used clothing, including clothes for job interviews, school, and special events. Each year, the clothing closet distributes more than 130,000 articles of clothing at no cost.
- $713,318 spent. The Academy offers language, job and life skills to our neighbors with the ultimate vision to help a neighbor find living wage employment. On average, each year, 400 neighbors are enrolled in classes provided by The Academy.
- $439,446 spent. TSCCs Project Hope program offers case management and resource referrals to neighbors for other social service needs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.