B — EducationEIN: 570314415

Spartanburg Methodist College

Spartanburg, South Carolina

BHealth Score
62B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.75×
Peer Median9.48×
💰
$25.5M
Total Revenue
📊
$27.6M
Total Expenses
🏦
$48.4M
Net Assets
📋
$9.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.6%
Year-over-year change (2023 → 2024)
Net Margin
-8.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.75
Net assets divided by total expenses
Liabilities-to-Assets
16.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$25,460,597↓4%$27,646,101↑3%$57,900,704↑4%
2023$26,405,067$26,872,115↓6%$55,722,776↑7%
2022$26,371,934↓6%$28,481,803↑7%$52,317,686↓11%
2021$28,150,262↑22%$26,704,555↑15%$58,536,282↑12%
2020$23,099,877↑9%$23,261,367↑8%$52,461,540↑2%
2019$21,262,542↑6%$21,439,810↑9%$51,673,874
2018$19,990,813↑10%$19,702,269↑6%$51,894,164↑3%
2017$18,185,679↓5%$18,659,384$50,627,860↑2%
2016$19,074,197↑7%$18,686,913↑5%$49,711,491↓3%
2015$17,878,187↓3%$17,767,267↓5%$51,163,003
2014$18,499,332↓2%$18,720,329↑6%$51,245,497↑4%
2013$18,956,796↑11%$17,711,519↑4%$49,136,463↑18%
2012$17,080,208↓7%$16,956,079↑5%$41,795,359↑6%
2011$18,429,490$16,124,766$39,506,179

Frequently Asked Questions

What does Spartanburg Methodist College do?▼

Spartanburg Methodist College is a education nonprofit organization based in South Carolina. It is classified under NTEE code B410 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Spartanburg Methodist College financially healthy?▼

Based on our 9-metric Financial Health Score model, Spartanburg Methodist College has a score of 62/100 (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 Spartanburg Methodist College generate?▼

Spartanburg Methodist College reports $31.2M in annual revenue and holds $58.4M in total assets, based on IRS filings.

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