Spa Foundation Inc

Analysis

Spa Foundation Inc is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Spa Foundation Inc reported income of $81k and spending of $78k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $81k (+220%), an average of +220% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spa Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include PTA Texas Congress ($81k), International Womens Fishing Association Scholarship Trust ($81k) and Swans Island Educational Society ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $168k against liabilities of $8,683, net assets of $160k.