Spectrum Support Services

Analysis

Spectrum Support Services is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in January 2024, 2 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 December 2023, Spectrum Support Services reported income of $236k and spending of $279k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $318k to $236k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spectrum Support Services sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Landons Legacy Foundation ($236k), The Utopian Seed Project Inc ($236k) and Virginia Association for Biological Farming ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $88k against liabilities of $88k, net assets of $0. It reported 1 employees.