L — Housing & ShelterEIN: 237106486· Ruling Year: 2022

Spartan Housing Cooperative Inc

East Lansing, Michigan

B-Health Score
53B-

Financial Health Score

Provisional

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

💰
$1.6M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$3.1M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.2%
Year-over-year change (2022 → 2023)
Net Margin
+15.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.37
Net assets divided by total expenses
Liabilities-to-Assets
40.2%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$1,560,107↑8%$1,323,459↑8%$5,250,010↑19%
2022$1,441,979$1,223,230$4,409,348

Frequently Asked Questions

What does Spartan Housing Cooperative Inc do?▼

Spartan Housing Cooperative Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Spartan Housing Cooperative Inc financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Spartan Housing Cooperative Inc.

How much revenue does Spartan Housing Cooperative Inc generate?▼

Spartan Housing Cooperative Inc reports $1.8M in annual revenue and holds $5.7M in total assets, based on IRS filings.

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