Spur Community Foundation Inc

Analysis

Spur Community Foundation Inc is a registered charity in United States, based in Ketchum, ID. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2023, Spur Community Foundation Inc reported income of $5.0m and spending of $4.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $5.0m (+328%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 317%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spur Community Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Lighthouse Central Florida Inc ($5.0m), All India Movement Aim for Seva Inc ($5.0m) and Northeast Placement Services Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $164k (3.8% of expenses). Other salaries and wages came to $170k. At year end it held assets of $4.6m against liabilities of $0, net assets of $4.6m. It reported 5 employees.