Spectrum Human Services Inc
Westland, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,796,421↑3% | $4,349,803↑18% | $3,698,747↓25% | — |
| 2022 | $3,698,247↓1% | $3,674,760↑1% | $4,939,464↑16% | — |
| 2021 | $3,736,309↓4% | $3,647,377↑5% | $4,239,913↑2% | — |
| 2020 | $3,908,623↑4% | $3,487,321↓17% | $4,167,811↑6% | — |
| 2019 | $3,773,141↓12% | $4,181,508↑8% | $3,932,178↓7% | — |
| 2018 | $4,297,365↑14% | $3,863,385↓2% | $4,236,412↓16% | — |
| 2017 | $3,785,487↓6% | $3,932,226↓5% | $5,062,744 | — |
| 2016 | $4,025,569↓7% | $4,132,607↓4% | $5,063,675↓17% | — |
| 2015 | $4,346,809↑9% | $4,324,436↑9% | $6,129,049↓4% | — |
| 2014 | $3,994,039↑4% | $3,956,937↑3% | $6,402,358 | — |
| 2013 | $3,822,478 | $3,831,442↓6% | $6,409,985↓1% | — |
| 2012 | $3,818,971↓3% | $4,064,413↓17% | $6,448,405↓1% | — |
| 2011 | $3,950,456 | $4,881,655 | $6,507,311 | — |
Frequently Asked Questions
What does Spectrum Human Services Inc do?▼
Spectrum Human Services Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P300 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spectrum Human Services Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Spectrum Human Services Inc has a score of 49/100 (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 Spectrum Human Services Inc generate?▼
Spectrum Human Services Inc reports $4.2M in annual revenue and holds $3.9M in total assets, based on IRS filings.
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