Spruce Manor Inc

Analysis

Spruce Manor Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Spruce Manor Inc reported income of $62k and spending of $53k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $47k to $62k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spruce Manor Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within WV. Charities of a similar size with the same main cause include United Way of Eastern Utah ($62k), Bridging Hearts ($62k) and Three Women Inc ($62k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Other salaries and wages came to $4,657. At year end it held assets of $574k against liabilities of $9,226, net assets of $565k.