Spanda Inc

Analysis

Spanda Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Spanda Inc reported income of $591k and spending of $582k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $799k to $591k (-26%), an average of -5.8% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spanda Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Lupus LA ($591k), Ohana Makamae Inc ($591k) and National Niemann-Pick Disease Foundation ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $365k. At year end it held assets of $39k against liabilities of $14k, net assets of $26k. It reported 7 employees.