Ali Spears Foundation Inc

Analysis

Ali Spears Foundation Inc is a registered charity in United States, based in Odessa, FL. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Ali Spears Foundation Inc reported income of $70k and spending of $31k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $70k (-9.3%), an average of -9.3% a year. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ali Spears Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Optimum Hope ($70k), Paulding County Hospital Public Foundation ($71k) and Mindful Minutes for Schools ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $86k against liabilities of $430, net assets of $86k.