Spirit Club Foundation

Analysis

Spirit Club Foundation is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in September 2015, 11 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, Spirit Club Foundation reported income of $224k and spending of $208k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $249k to $224k (-9.9%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spirit Club Foundation 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 56th percentile within MD. Charities of a similar size with the same main cause include Anchor for Special Needs Inc ($224k), Compassion Pregnancy Center and Clinic of Monterey Bay ($224k) and Franciscan Health Partnership Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (39% of expenses). At year end it held assets of $187k against liabilities of $0, net assets of $187k. It reported 1 employees.