Spark Community Foundation

Analysis

Spark Community Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover public and societal benefit, 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, Spark Community Foundation reported income of $530k and spending of $490k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $271k to $530k (+96%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spark Community Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Empowered Parents in Community ($530k), The Christi Center Inc ($530k) and Holland Community Hospital Authority Self Insurance Fund ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (20% of expenses). At year end it held assets of $51k against liabilities of $0, net assets of $51k. It reported 1 employees.