Spcpa Building Company

Analysis

Spcpa Building Company is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2005, 21 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spcpa Building Company reported income of $854k and spending of $927k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $733k to $854k (+17%), an average of +3.9% a year. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spcpa Building Company sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Institute for Community Inc ($854k), Alberici Foundation ($855k) and Agape Foundation Charitable Trust ($854k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $8.6m against liabilities of $8.9m, net assets of -$330k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.