Spoon Foundation

Analysis

Spoon Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Spoon Foundation reported income of $1.3m and spending of $1.5m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to September 2021, when income rose by 55%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spoon Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Jackson Emc Foundation Inc ($1.3m), Anns Place Inc ($1.3m) and Cumberland Valley Domestic Violence Services Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $125k (8.1% of expenses). Other salaries and wages came to $758k. It paid $27k in professional fundraising fees. At year end it held assets of $633k against liabilities of $272k, net assets of $361k. It reported 12 employees.