Spectrum Community Services

Analysis

Spectrum Community Services is a registered charity in United States, based in Westland, MI. It received its IRS tax-exemption ruling in October 1989, 37 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 September 2023, Spectrum Community Services reported income of $35.1m and spending of $34.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $33.3m to $35.1m (+5.7%), an average of +1.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spectrum Community Services sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Marklund Childrens Home ($35.1m), Ageoptions Inc ($35.1m) and Valley Senior Services Alliance ($35.1m).

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 $234k (0.7% of expenses). Other salaries and wages came to $20.8m. At year end it held assets of $15.9m against liabilities of $5.7m, net assets of $10.2m. It reported 854 employees.