Spirit of the Fourth Inc

Analysis

Spirit of the Fourth Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Spirit of the Fourth Inc reported income of $102k and spending of $86k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $102k (+13%), an average of +13% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spirit of the Fourth Inc 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 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Baltimore County African American Cultural Festival Inc ($102k), Creative Downtown Appleton Inc ($102k) and Redline Youth Performance Ensemble ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.