Sparks Foundation Inc

Analysis

Sparks Foundation Inc is a registered charity in United States, based in Leesport, PA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2022, Sparks Foundation Inc reported income of $667k and spending of $711k, spending 107% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $449k to $667k (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sparks Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Look Ahead America Inc ($667k), Dallas Country Club Employee Scholarship Foundation ($667k) and Complete Student ($667k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. At year end it held assets of $62k against liabilities of $92, net assets of $62k.