Ann Arbor Spark Foundation

Analysis

Ann Arbor Spark Foundation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ann Arbor Spark Foundation reported income of $205k and spending of $220k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $308k to $205k (-33%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income rose by 425%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ann Arbor Spark Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include HTTP ($205k), Angels on the Bay Inc ($205k) and Haiti Gospel Fund ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $86k against liabilities of $36k, net assets of $50k.