Spirit Awakening Foundation

Analysis

Spirit Awakening Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Spirit Awakening Foundation reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $878k to $1.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Spirit Awakening Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include The Boys and Girls Club of Southern Illinois ($1.2m), Girls Incorporated of the Centralcoast ($1.2m) and Blanco County 4-H & Ffa Youth Council ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 72% of the total. Other salaries and wages came to $110k. At year end it held assets of $516k against liabilities of $76k, net assets of $440k. It reported 2 employees.