Spark Worldwide

Analysis

Spark Worldwide is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spark Worldwide reported income of $1.9m and spending of $2.0m, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $776k to $1.9m (+147%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spark Worldwide sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Yeshivath Gesher ($1.9m), Bridge of Hope ($1.9m) and Jail to Jobs ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $182k (8.9% of expenses). Other salaries and wages came to $70k. At year end it held assets of $114k against liabilities of $33k, net assets of $80k. It reported 6 employees.