Spirit Rising

Analysis

Spirit Rising is a registered charity in United States, based in West Point, VA. It received its IRS tax-exemption ruling in May 2000, 26 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 2021, Spirit Rising reported income of $79k and spending of $78k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $49k to $79k (+60%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spirit Rising sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Frank M Houck Trust Ua 2 0543bn ($79k), Anchor Bay Foundation ($79k) and Vintage Transporter Owners Foundation Inc ($79k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $103 against liabilities of $27k, net assets of -$27k.