Special Spaces Inc

Analysis

Special Spaces Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Special Spaces Inc reported income of $2.2m and spending of $1.9m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.2m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Special Spaces Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Building Hope Summit County ($2.2m), Support Advocacy and Resource Center ($2.2m) and Cystic Fibrosis Research Institute ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $484k. At year end it held assets of $1.9m against liabilities of $133k, net assets of $1.8m. It reported 3 employees.