Spread the Fire U S Inc

Analysis

Spread the Fire U S Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 2006, 20 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).

In the financial year ending December 2023, Spread the Fire U S Inc reported income of $61k and spending of $236k, spending 386% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $61k (-95%), an average of -78% a year. The sharpest change came in the year to December 2022, when income dropped by 91%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spread the Fire U S Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Ministerio Catolico Voz de Cristo ($61k), Charis Relief Ministries Inc ($61k) and Ci Saint Foundation ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $513k against liabilities of $418, net assets of $513k.