One Spark Foundation Inc

Analysis

One Spark Foundation Inc is a registered charity in United States, based in Newbury Park, CA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, One Spark Foundation Inc reported income of $345k and spending of $355k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $335k to $345k (+2.9%), an average of +0.7% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One Spark Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include East End Preschool ($345k), Restore Texas Ministries ($345k) and Friends of Visitation ($345k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $20k (5.5% of expenses). At year end it held assets of $50k against liabilities of $58k, net assets of -$8,047. It reported 9 employees.