Spartan Shops Inc

Analysis

Spartan Shops Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1957, 69 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spartan Shops Inc reported income of $3.3m and spending of $6.0m, spending 184% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.3m (+1.8%), an average of +0.4% a year. The sharpest change came in the year to June 2020, when income rose by 62%. Over the whole period it spent 160% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spartan Shops Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include White Clay School ($3.3m), Eastern Oregon University Foundation ($3.3m) and South Dakota Partners in Education ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. At year end it held assets of $19.5m against liabilities of $19.6m, net assets of -$95k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.