Spirit of Huntington Inc

Analysis

Spirit of Huntington Inc is a registered charity in United States, based in Huntingtn Sta, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Spirit of Huntington Inc reported income of $977k and spending of $933k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $977k (+350%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spirit of Huntington Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include New Life Academy Educational Foundation Inc ($976k), Northeastern Junior College Foundation ($977k) and The Alabama Independent School Association Inc ($976k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Other salaries and wages came to $519k. At year end it held assets of $564k against liabilities of $325k, net assets of $239k. It reported 23 employees.