The Walter and Emilie Spivey Foundation Inc

Analysis

The Walter and Emilie Spivey Foundation Inc is a registered charity in United States, based in Morrow, GA. It received its IRS tax-exemption ruling in September 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Walter and Emilie Spivey Foundation Inc reported income of $412k and spending of $120k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $330k to $412k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Walter and Emilie Spivey Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Writers League of Texas ($412k), Ohio Community Corrections Association ($412k) and National Association for Shoplifting Prevention Inc ($412k).

At year end it held assets of $8.7m against liabilities of $0, net assets of $8.7m.