Spark Kindness Inc

Analysis

Spark Kindness Inc is a registered charity in United States, based in Natick, MA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Spark Kindness Inc reported income of $374k and spending of $288k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $225k to $374k (+67%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Spark Kindness Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Rehoboth Community Development Corporation ($374k), Leap Niagara Charitable Resources Inc ($375k) and Pickaway Helps Dba Pickaway Works ($374k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $100k (35% of expenses). Other salaries and wages came to $85k. At year end it held assets of $146k against liabilities of $23k, net assets of $123k. It reported 7 employees.