Spectrum Child and Family Services

Analysis

Spectrum Child and Family Services is a registered charity in United States, based in Westland, MI. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Spectrum Child and Family Services reported income of $7.2m and spending of $7.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $7.3m to $7.2m (-1.3%), an average of -0.3% a year. The sharpest change came in the year to September 2023, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spectrum Child and Family Services sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Michigan Foundation for Agriculture ($7.2m), Ascension Living Via Christi Village Ponca City ($7.2m) and Community Agency for Senior Citizens Inc ($7.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $204k (2.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $6.6m against liabilities of $4.7m, net assets of $1.9m. It reported 124 employees.