Modern Spirit Organization Inc

Analysis

Modern Spirit Organization Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Modern Spirit Organization Inc reported income of $221k and spending of $235k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $221k (+127%), an average of +127% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Modern Spirit Organization Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within AZ. Charities of a similar size with the same main cause include Saloni Heart Foundation ($221k), Umbrella Ministries ($221k) and McAlester Regional Health Center Foundation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $79k (34% of expenses). Other salaries and wages came to $61k. At year end it held assets of $6,340 against liabilities of $0, net assets of $6,340.