Sparkle Touch Learning Academy Inc

Analysis

Sparkle Touch Learning Academy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sparkle Touch Learning Academy Inc reported income of $213k and spending of $203k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $213k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sparkle Touch Learning Academy Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Starfish Foundationinc ($213k), Marco Island Rotary Club Foundation Inc ($213k) and Hutto Athletic Booster Club ($213k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $95k (47% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 6 employees.