Spark the Journey

Analysis

Spark the Journey is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Spark the Journey reported income of $2.8m and spending of $3.8m, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $2.8m (+5.1%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 117%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spark the Journey sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Project Medsend ($2.8m), Deborah Brown Community School Inc ($2.8m) and Le3 Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $615k (16% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.3m against liabilities of $327k, net assets of $3.0m. It reported 45 employees.