Spiritual Innovations Inc

Analysis

Spiritual Innovations Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Spiritual Innovations Inc reported income of $194k and spending of $271k, spending 139% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $230k to $194k (-16%), an average of -8.1% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spiritual Innovations Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Ministerios El Shaddai Corp ($194k), Progress and Joy ($194k) and Rabbinical Study - Ohel Shlomo Inc ($194k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 121% of the total. Compensation of current officers, directors and key employees was $129k (48% of expenses). At year end it held assets of $80k against liabilities of $1,240, net assets of $78k.