Earthspark International Corp

Analysis

Earthspark International Corp is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Earthspark International Corp reported income of $452k and spending of $498k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $472k to $452k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income rose by 324%. Over the whole period it spent 152% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Earthspark International Corp sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Paradigm Shift ($452k), Read Foundation USA ($452k) and Rising World Incorporation ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $66k (13% of expenses). At year end it held assets of $424k against liabilities of $1.2m, net assets of -$809k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.