Spinx Teammate Assistance Fund

Analysis

Spinx Teammate Assistance Fund is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable 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, Spinx Teammate Assistance Fund reported income of $72k and spending of $50k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $278k to $72k (-74%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spinx Teammate Assistance Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include The Central Club ($72k), Proverbs 31 20 Ministries ($72k) and Michigan Alliance for Environmental and Outdoor Education ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $337k against liabilities of $0, net assets of $337k.