Ignite the Spirit

Analysis

Ignite the Spirit is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Ignite the Spirit reported income of $879k and spending of $769k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $299k to $879k (+194%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 352%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ignite the Spirit sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include American Geerz for Life Inc ($879k), The Center for Inquiry Based Learning Inc ($880k) and Henry and Rilla White Youth Found Ation Inc ($878k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $315k against liabilities of $10k, net assets of $305k.