Spero House Incorporated
Niles, Michigan
CHealth Score
42C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$56K
Total Revenue
📊
$52K
Total Expenses
🏦
$60K
Net Assets
📋
$116K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-18.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.15
Net assets divided by total expenses
Liabilities-to-Assets
66.1%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $56,208↓18% | $51,947↓4% | $175,645↓1% | — |
| 2022 | $68,527↓3% | $53,836↑81% | $177,314↑5% | — |
| 2021 | $70,333 | $29,754 | $169,405 | — |
Frequently Asked Questions
What does Spero House Incorporated do?▼
Spero House Incorporated is a public & societal benefit nonprofit organization based in Michigan. It is classified under NTEE code W99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spero House Incorporated financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Spero House Incorporated.
How much revenue does Spero House Incorporated generate?▼
Spero House Incorporated reports $59K in annual revenue and holds $180K in total assets, based on IRS filings.
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