Spandana Foundation

Analysis

Spandana Foundation is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Spandana Foundation reported income of $139k and spending of $133k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $211k to $139k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Spandana Foundation 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 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include The Flax Trust ($139k), Great Oaks International Inc ($139k) and Set Her Free ($139k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.