Spaces for Living

Analysis

Spaces for Living is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in January 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spaces for Living reported income of $268k and spending of $157k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $268k (+4.3%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spaces for Living sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 53rd percentile within ND. Charities of a similar size with the same main cause include Nami Stark County Inc ($268k), Lead with Horses ($268k) and My Goal ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $832k against liabilities of $104k, net assets of $728k.