Sparkpath Inc

Analysis

Sparkpath Inc is a registered charity in United States, based in Arden Hills, MN. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sparkpath Inc reported income of $312k and spending of $395k, spending 126% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $472k to $312k (-34%), an average of -7.9% a year. The sharpest change came in the year to June 2020, when income dropped by 42%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sparkpath Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Parent Faculty Club of Round Meadow School ($312k), Suburban Minority Contractors Association ($312k) and Viridis Institute ($312k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $29k against liabilities of $75k, net assets of -$46k.