Spark Newton Corporation Dba Spark Newton

Analysis

Spark Newton Corporation Dba Spark Newton is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Spark Newton Corporation Dba Spark Newton reported income of $216k and spending of $229k, spending 106% of what it took in. Across the 6 years on record, from November 2019 to June 2024, income grew from $182k to $216k (+19%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spark Newton Corporation Dba Spark Newton sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include National Riding Stables Horse Rescue ($215k), Henderson Flag Football League ($216k) and Spartan Boxing Club ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 1.1% of the total. Other salaries and wages came to $53k. At year end it held assets of $266k against liabilities of $0, net assets of $266k.