Sprye

Analysis

Sprye is a registered charity in United States, based in Port Chester, NY. It received its IRS tax-exemption ruling in April 2010, 16 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 June 2023, Sprye reported income of $196k and spending of $204k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $202k to $196k (-2.7%), an average of -2.7% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sprye sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Bellingham Seafeast ($196k), Halo Foundation ($196k) and Whale Foundation ($196k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Other salaries and wages came to $83k. At year end it held assets of $181k against liabilities of $1,927, net assets of $179k. It reported 3 employees.