Sparkler Learning Inc

Analysis

Sparkler Learning Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sparkler Learning Inc reported income of $2.2m and spending of $1.9m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $598k to $2.2m (+268%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sparkler Learning Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Liberation Academy ($2.2m), Plumbers & Pipefitters Locals 352 & 572 Joint Apprenticeship Committee ($2.2m) and Hbcu Week Foundation Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $150k (7.9% of expenses). At year end it held assets of $621k against liabilities of $833, net assets of $620k. It reported 1 employees.