Spiketown Inc

Analysis

Spiketown Inc is a registered charity in United States, based in South Salem, OH. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, Spiketown Inc reported income of $211k and spending of $179k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $103k to $211k (+105%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spiketown Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Big Sky Skating and Hockey Association ($211k), The Skating Club of Northern Virginia ($211k) and Westfield Athletic Booster Club Inc ($211k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $30k (17% of expenses). At year end it held assets of $85k against liabilities of $0, net assets of $85k.