Spark Alc Inc

Analysis

Spark Alc Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Spark Alc Inc reported income of $296k and spending of $296k, spending 100% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $85k to $296k (+249%), an average of +87% a year. The sharpest change came in the year to July 2022, when income rose by 237%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spark Alc Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include African Diaspora College Access Program ($296k), Jesse C Fletcher Seminary ($296k) and West Virginia Sheet Metal Workers Joint Apprenticeship Training ($296k).

Other salaries and wages came to $207k. At year end it held assets of $287k against liabilities of $135k, net assets of $152k. It reported 7 employees.