Spark the Dream

Analysis

Spark the Dream is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 the Dream reported income of $66k and spending of $59k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $45k to $66k (+46%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spark the Dream sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NH. Charities of a similar size with the same main cause include R Community Bikes Inc ($66k), Massachusetts Senior Games Inc ($66k) and Greenway Snowmobile Club Inc ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.