Spys Community Foundation

Analysis

Spys Community Foundation is a registered charity in United States, based in Sunfield, MI. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Spys Community Foundation reported income of $69k and spending of $22k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $370k to $69k (-81%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 86%. Over the whole period it spent 15% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spys Community Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include G F Patterson Fbo Edgar Co Fair Assn Trust Under Will ($69k), Leonard & Lillian Bethke Memorial TR Fbo Assumption High School FND ($69k) and Foundation of the Rotary Club of Pittsford New York ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.