Spiro School Foundation for Excellence in Education Inc

Analysis

Spiro School Foundation for Excellence in Education Inc is a registered charity in United States, based in Spiro, OK. It received its IRS tax-exemption ruling in January 1992, 34 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 December 2023, Spiro School Foundation for Excellence in Education Inc reported income of $341k and spending of $46k, leaving 87% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $37k to $341k (+833%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spiro School Foundation for Excellence in Education Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Bixby Memorial Free Library ($341k), Tutoring Plus of Cambridge Inc ($341k) and Creative Play Childrens Learning Centerinc ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.8m against liabilities of $283k, net assets of $1.5m.