Spastic Paraplegia Foundation Inc

Analysis

Spastic Paraplegia Foundation Inc is a registered charity in United States, based in O Fallon, MO. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Spastic Paraplegia Foundation Inc reported income of $1.3m and spending of $1.9m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $987k to $1.3m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spastic Paraplegia Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Open Source Imaging Consortium Inc ($1.3m), James Lawrence Kernan Hospital Endowment Fund Incorporated ($1.3m) and Pa Elks Major Projects Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.8% of the total. At year end it held assets of $3.3m against liabilities of $2.3m, net assets of $1.0m.