BEducationEIN: 237242844

Sherman College of Straight Chiropractic INC

Spartanburg, South Carolina

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.68×
Peer Median9.48×
💰
$16.1M
Total Revenue
📊
$16.6M
Total Expenses
🏦
$27.9M
Net Assets
📋
$14.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.3%
Year-over-year change (2022 → 2023)
Net Margin
-2.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.68
Net assets divided by total expenses
Liabilities-to-Assets
34.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,124,5632%$16,589,1782%$42,745,0523%
2022$16,504,9663%$16,249,0296%$41,427,0748%
2021$16,948,6174%$15,291,8424%$45,133,8996%
2020$17,583,9729%$14,736,9446%$42,621,1947%
2019$16,102,3074%$15,723,15819%$39,718,3359%
2018$15,533,60012%$13,225,44612%$36,403,54762%
2017$13,916,19010%$11,804,0187%$22,523,90220%
2016$12,678,4267%$11,072,97316%$18,786,43814%
2015$11,803,37113%$9,553,88714%$16,494,78714%
2014$10,486,18240%$8,402,48026%$14,517,53316%
2013$7,465,96420%$6,684,80013%$12,523,5652%
2012$6,244,56720%$5,925,2271%$12,242,0385%
2011$5,208,356$5,990,297$11,686,867

Frequently Asked Questions

What does Sherman College of Straight Chiropractic INC do?

Sherman College of Straight Chiropractic INC is a education nonprofit organization based in South Carolina. It is classified under NTEE code B500 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sherman College of Straight Chiropractic INC financially healthy?

Based on our 9-metric Financial Health Score model, Sherman College of Straight Chiropractic INC has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Sherman College of Straight Chiropractic INC generate?

Sherman College of Straight Chiropractic INC reports $18.6M in annual revenue and holds $43.3M in total assets, based on IRS filings.

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