Sproutin Up Corporation

Analysis

Sproutin Up Corporation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Sproutin Up Corporation reported income of $72k and spending of $88k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $72k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sproutin Up Corporation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within CO. Charities of a similar size with the same main cause include The Dragonfly Project ($72k), F W Hirt Employee Emergency Fund ($72k) and Oasis Life Network ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.