Spinks Family Foundation

Analysis

Spinks Family Foundation is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Spinks Family Foundation reported income of $2.6m and spending of $1.8m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $655k to $2.6m (+300%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 255%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spinks Family Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Jewish Federation of Greater St Paul ($2.6m), Aurelia Foundation ($2.6m) and Bears Care ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.