Spoorthy Inc

Analysis

Spoorthy Inc is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Spoorthy Inc reported income of $57k and spending of $27k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $57k (-7.9%), an average of -7.9% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spoorthy Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Deans Mill Elementary School Parent Teacher Organization ($57k), Camp Nicolet Foundation Inc ($57k) and Coatesville Parents Music Club Inc ($57k).

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 $1 against liabilities of $0, net assets of $1.