Spreeha Foundation

Analysis

Spreeha Foundation is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Spreeha Foundation reported income of $383k and spending of $366k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $302k to $383k (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Spreeha Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Mosaic Sa ($382k), Angel of Faith Non Profit ($383k) and Honey Shine Inc ($382k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (14% of expenses). Other salaries and wages came to $12k. At year end it held assets of $314k against liabilities of $0, net assets of $314k. It reported 2 employees.