Spur N Up Hope Inc

Analysis

Spur N Up Hope Inc is a registered charity in United States, based in Amelia CT Hse, VA. It received its IRS tax-exemption ruling in September 2018, 8 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, Spur N Up Hope Inc reported income of $131k and spending of $109k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $131k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Spur N Up Hope Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Onslow Classic Soccer Association Inc ($131k), Southside Youth Organization ($131k) and Cy-Falls Athletic Booster Club ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 25% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.