Life Sparx

Analysis

Life Sparx is a registered charity in United States, based in Pickerington, OH. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Life Sparx reported income of $153k and spending of $150k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $153k (+7.4%), an average of +7.4% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Sparx sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Worldwide Marriage Encounter ($153k), Sandstone Apartments Inc ($153k) and Faculty Benevolent Association Inc ($153k).

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.