Sparrow Collective

Analysis

Sparrow Collective is a registered charity in United States, based in Highland VLG, TX. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sparrow Collective reported income of $698k and spending of $646k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $473k to $698k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sparrow Collective sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Treasure Coast Educational Media Inc ($698k), Faith Radio Network Inc ($698k) and Equipping with Truth Ministries Inc ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $111k (17% of expenses). At year end it held assets of $378k against liabilities of $54k, net assets of $324k. It reported 1 employees.