Spot Sun Valley Inc

Analysis

Spot Sun Valley Inc is a registered charity in United States, based in Ketchum, ID. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Spot Sun Valley Inc reported income of $1.4m and spending of $413k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $1.4m (+586%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 328%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spot Sun Valley Inc 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 83rd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include Music Maker Foundation Inc ($1.4m), Childrens Creative Project ($1.4m) and Tekeyan Cultural Association Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.8% of the total. Other salaries and wages came to $155k. At year end it held assets of $1.2m against liabilities of $145k, net assets of $1.0m. It reported 5 employees.