Springs Community Acupuncture Inc

Analysis

Springs Community Acupuncture Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Springs Community Acupuncture Inc reported income of $231k and spending of $218k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $231k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Springs Community Acupuncture Inc sits at the 43rd percentile: it is larger than about 43% 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 Breastfeeding Outreach for Our Beautiful Sisters-Boobs ($231k), I Know Jack Foundation Inc ($231k) and University Physicians Group ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (28% of expenses). Other salaries and wages came to $87k. At year end it held assets of $94k against liabilities of $3,688, net assets of $90k. It reported 9 employees.