Spirit Hollow

Analysis

Spirit Hollow is a registered charity in United States, based in N Bennington, VT. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spirit Hollow reported income of $68k and spending of $68k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $68k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spirit Hollow sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 18th percentile within VT. Charities of a similar size with the same main cause include Jehovah Raphas House of Healing Church Inc ($68k), Gospel Projects ($68k) and Heart Mind & Spirit Recovery Focus Ministry ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 94% of the total. At year end it held assets of $5,109 against liabilities of $3,289, net assets of $1,820.