Spring Forth

Analysis

Spring Forth is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spring Forth reported income of $1.1m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $990k to $1.1m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spring Forth sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include North Carolina Family Policy Council ($1.1m), The Childrens Campus of Kansas City Inc ($1.1m) and Connecticut Parent Advocacy Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $71k (6.8% of expenses). Other salaries and wages came to $549k. At year end it held assets of $84k against liabilities of $30k, net assets of $54k. It reported 39 employees.