Spudstate Cares Inc

Analysis

Spudstate Cares Inc is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in October 2017, 9 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, Spudstate Cares Inc reported income of $161k and spending of $98k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $161k (+59%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spudstate Cares Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within ID. Charities of a similar size with the same main cause include New Hope Assistance Dogs ($161k), Nat Org of Minority Architects Charitable & Educational Foundatio ($161k) and Nightingale Hosted Shelters ($161k).

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 $94k against liabilities of $2,693, net assets of $92k.