Spark Central

Analysis

Spark Central is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Spark Central reported income of $599k and spending of $412k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $415k to $599k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spark Central sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Northeast Classic Car Museum Inc ($599k), American Governance Foundation Inc ($599k) and The Music Academy Foundation Inc ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 0.5% of the total. Other salaries and wages came to $242k. At year end it held assets of $763k against liabilities of $1,665, net assets of $761k. It reported 12 employees.