Spartans4life Foundation

Analysis

Spartans4life Foundation is a registered charity in United States, based in Exeter, NH. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Spartans4life Foundation reported income of $84k and spending of $40k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $84k (-0.3%), an average of -0.3% a year. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spartans4life Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within NH. Charities of a similar size with the same main cause include Mount Horeb Summer Frolic Inc ($84k), Lorain-Medina Rural Electric People Fund Inc ($84k) and Andrea Rose Teodosio Memorial Foundation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $167k against liabilities of $66k, net assets of $100k.