Spirit of Pella

Analysis

Spirit of Pella is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Spirit of Pella reported income of $112k and spending of $53k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $200k to $112k (-44%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spirit of Pella sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Ccmha Foundation Inc ($111k), Cypress Belles Chapter National Charity League Inc ($112k) and Lockwood Foundation ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $310k against liabilities of $0, net assets of $310k.