Spark Thomasville Inc

Analysis

Spark Thomasville Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Spark Thomasville Inc reported income of $267k and spending of $99k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $267k (+464%), an average of +464% a year. The sharpest change came in the year to December 2023, when income rose by 464%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spark Thomasville Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include Stuff the Bus of Southern Kentucky Foundation Inc ($267k), Education Foundation ($267k) and Pop Warner Little Scholars Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $64k (65% of expenses). Other salaries and wages came to $3,848. At year end it held assets of $221k against liabilities of $199, net assets of $221k. It reported 2 employees.