EHealth CareEIN: 222512383· Ruling Year: 1984

Spectrum Health Care Inc

Jersey City, New Jersey

A-Health Score
83A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.80×
Peer Median29.34×
💰
$7.4M
Total Revenue
📊
$6.0M
Total Expenses
🏦
$4.8M
Net Assets
📋
$27K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.9%
Year-over-year change (2023 → 2024)
Net Margin
+19.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.80
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$7,441,49823%$5,990,37417%$4,802,17336%
2023$6,055,3388%$5,137,1386%$3,521,46435%
2022$6,567,44766%$4,842,90832%$2,613,73069%
2021$3,960,42223%$3,659,2662%$1,547,80447%
2020$3,217,5028%$3,734,6239%$1,050,63314%
2019$3,485,71210%$3,433,32517%$1,226,1873%
2018$3,162,51916%$2,943,12810%$1,184,77025%
2017$2,719,55610%$2,663,802$944,7155%
2016$3,005,5207%$2,676,6551%$896,96130%
2015$2,818,0244%$2,706,7995%$691,1068%
2014$2,702,0067%$2,842,8804%$641,13314%
2013$2,897,0673%$2,975,9606%$748,85617%
2012$2,811,507$2,805,3611%$903,0609%
2011$2,822,437$2,820,526$832,032

Frequently Asked Questions

What does Spectrum Health Care Inc do?

Spectrum Health Care Inc is a health care nonprofit organization based in New Jersey. It is classified under NTEE code E70Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Spectrum Health Care Inc financially healthy?

Based on our 9-metric Financial Health Score model, Spectrum Health Care Inc has a score of 83/100 (Grade: A-). 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 Health Care Inc generate?

Spectrum Health Care Inc reports $7.2M in annual revenue and holds $4.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in New Jersey.

Spectrum Health Care Inc — Jersey City, NJ | GiveScope