Spirits Place

Analysis

Spirits Place is a registered charity in United States, based in Newport, ME. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Spirits Place reported income of $233k and spending of $187k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $233k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Spirits Place sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Stumptown Strays Dog Rescue a Nonprofit Corporation ($233k), Midwest Beagle Rescue Education and Welfare Inc ($233k) and Beaverhead Animal Shelter ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.