Sparkshare Inc

Analysis

Sparkshare Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sparkshare Inc reported income of $184k and spending of $199k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $128k to $184k (+44%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sparkshare Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include TW Quarter Circle Ranch Ministries ($184k), Two Brothers Farms ($184k) and 71mvp Inc ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $32k, net assets of $52k.