Soulspark Learning Foundation

Analysis

Soulspark Learning Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Soulspark Learning Foundation reported income of $67k and spending of $66k, spending 98% of its income. Across the 4 years on record, from January 2021 to January 2024, income fell from $393k to $67k (-83%), an average of -44% a year. The sharpest change came in the year to January 2024, when income rose by 127%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Soulspark Learning Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Stand Up Girls Inc ($67k), Feronia Forward Ltd ($67k) and Quality of Life Connections ($67k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.