Speranza Inc

Analysis

Speranza Inc is a registered charity in United States, based in Greensburg, IN. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Speranza Inc reported income of $404k and spending of $207k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $404k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Speranza Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Lets Talk Menopause Inc ($403k), Envista Smile Project Foundation ($404k) and DC Coalition to End Sexual Violence ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $102k. At year end it held assets of $437k against liabilities of $135k, net assets of $302k. It reported 4 employees.