Springboard to Success

Analysis

Springboard to Success is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Springboard to Success reported income of $217k and spending of $202k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $217k (+8.4%), an average of +8.4% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springboard to Success sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within AL. Charities of a similar size with the same main cause include Hooser Gym Community Center of Knightstown Inc ($217k), Giddo Simon Ministries ($217k) and Keeps Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. Other salaries and wages came to $80k. At year end it held assets of $142k against liabilities of $73k, net assets of $69k. It reported 7 employees.