Sprouts Healthy Communities Foundation

Analysis

Sprouts Healthy Communities Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sprouts Healthy Communities Foundation reported income of $4.6m and spending of $3.1m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $4.6m (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sprouts Healthy Communities Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Volosov Family Foundation ($4.6m), Omprakash Inc ($4.6m) and William H and Carrie Gottsche Foundation ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $4.4m against liabilities of $2.7m, net assets of $1.7m.