Spruce Inc
Bayfield, Colorado
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$302K
Total Revenue
📊
$249K
Total Expenses
🏦
$198K
Net Assets
📋
$5K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+11.9%
Year-over-year change (2023 → 2024)
Net Margin
+17.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.79
Net assets divided by total expenses
Liabilities-to-Assets
2.3%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $301,517↑12% | $249,052↓13% | $202,233↓27% | |
| 2023 | $269,568↑28% | $286,762↑52% | $277,624↓5% | — |
| 2022 | $210,712↑20% | $189,068↑31% | $292,486↑2% | — |
| 2021 | $176,038↓8% | $143,960↓5% | $287,626↑120% | — |
| 2020 | $191,820↑38% | $152,295↓2% | $130,962↑84% | — |
| 2019 | $139,116↓1% | $154,899↓16% | $71,099↓21% | — |
| 2018 | $140,854↓47% | $184,247↓19% | $90,348↓38% | — |
| 2017 | $266,551↑34% | $226,346↑16% | $144,747↑41% | — |
| 2016 | $198,771↓4% | $195,925↑43% | $102,688↑4% | — |
| 2015 | $206,102↑52% | $136,979↑27% | $98,806↑240% | — |
| 2014 | $135,796 | $107,529 | $29,020 | — |
Frequently Asked Questions
What does Spruce Inc do?▼
Spruce Inc is a education nonprofit organization based in Colorado. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spruce Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Spruce Inc.
How much revenue does Spruce Inc generate?▼
Spruce Inc reports $223K in annual revenue and holds $196K in total assets, based on IRS filings.