Spiritworks Foundation

Analysis

Spiritworks Foundation is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, 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, Spiritworks Foundation reported income of $219k and spending of $288k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $376k to $219k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spiritworks Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Diabetes Association Inc ($219k), Nebraska Transition College ($219k) and Asd Adult Achievement Center Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.7% of the total. Other salaries and wages came to $145k. At year end it held assets of $64k against liabilities of $1,018, net assets of $63k. It reported 6 employees.