Spectrum Human Services Foundation Inc

Analysis

Spectrum Human Services Foundation Inc is a registered charity in United States, based in Orchard Park, NY. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spectrum Human Services Foundation Inc reported income of $738k and spending of $349k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $738k (+1801%), an average of +109% a year. The sharpest change came in the year to December 2022, when income rose by 3429%. Over the whole period it spent 8.1% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spectrum Human Services Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Commonwealth Center for Fathers & Families Tax Matters ($738k), One Degree ($738k) and St Paul Gillespie-Seldon Rural Life Community Center Inc ($738k).

At year end it held assets of $5.2m against liabilities of $986k, net assets of $4.2m.