Sparta Education Foundation

Analysis

Sparta Education Foundation is a registered charity in United States, based in Sparta, MI. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Sparta Education Foundation reported income of $59k and spending of $70k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $64k to $59k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sparta Education Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Daniel Ministries of LA Inc ($59k), Signposts Ministries ($59k) and Wollin Sutterfield Foundation Inc ($59k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $820k against liabilities of $38k, net assets of $783k.