Spartan Imaging Inc

Analysis

Spartan Imaging Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in December 2022, 4 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 September 2023, Spartan Imaging Inc reported income of $8.9m and spending of $6.2m, leaving 30% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $3.4m to $8.9m (+161%), an average of +162% a year. The sharpest change came in the year to September 2023, when income rose by 161%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spartan Imaging Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Area Ambulance Authority ($8.9m), First Care Clinic Inc ($8.9m) and United Family Practice Health Center ($8.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $27.4m against liabilities of $1.9m, net assets of $25.5m.