The@spark Inc

Analysis

The@spark Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in May 2020, 6 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, The@spark Inc reported income of $165k and spending of $146k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $218k to $165k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The@spark Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within KS. Charities of a similar size with the same main cause include Newport Elementary School Foundation ($165k), Childrens Cottage ($165k) and Victory Nursing Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (44% of expenses). Other salaries and wages came to $13k. At year end it held assets of $80k against liabilities of $2,321, net assets of $78k. It reported 2 employees.