Sprout Experience

Analysis

Sprout Experience is a registered charity in United States, based in Avon Lake, OH. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sprout Experience reported income of $72k and spending of $67k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $72k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sprout Experience sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include York Falcon Band Aides Inc ($72k), Michigan Home School Sports Association ($72k) and Vision Sports Academy ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.