World Spark

Analysis

World Spark is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, World Spark reported income of $294k and spending of $305k, spending 104% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $250k to $294k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, World Spark sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OR. Charities of a similar size with the same main cause include Central Florida Home for Good Inc ($293k), El Redentor Apartments Inc ($294k) and Welcome House Maternity Home ($293k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $911k against liabilities of $178k, net assets of $733k.