Spark

Analysis

Spark is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 reported income of $4.3m and spending of $3.2m, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.5m to $4.3m (+75%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spark sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Southland Conference 070195 ($4.3m), Richmond Kickers Youth Soccer Club ($4.3m) and Soccer Without Borders ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $191k (5.9% of expenses). At year end it held assets of $4.6m against liabilities of $2.3m, net assets of $2.3m. It reported 2 employees.