Create a Spark Foundation Inc

Analysis

Create a Spark Foundation Inc is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in May 2015, 11 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, Create a Spark Foundation Inc reported income of $464k and spending of $390k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $464k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Create a Spark Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Utah Association of Elementary School Principals ($464k), Focus Corp MN Inc ($464k) and Bloomington Central Catholic High School Foundation ($464k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $122k against liabilities of $11k, net assets of $110k. It reported 5 employees.