Span Incorporated

Analysis

Span Incorporated is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in July 1976, 50 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, Span Incorporated reported income of $5.1m and spending of $4.7m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.2m to $5.1m (+60%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Span Incorporated sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Altavista Area YMCA Inc Steve Jester ($5.1m), Heights and Hills Inc ($5.1m) and New England Community Services Inc ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $136k (2.9% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.3m against liabilities of $101k, net assets of $3.2m. It reported 108 employees.