Religion-Related
(X20)
990 on File
SPARTA MINISTRIES INC
Financial strength (30%)
85/100
Reliability (20%)
40/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.1M
Total Revenue
$731K
Total Expenses
$2.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.0%
Fundraising Efficiency
N/A
Operating Reserve
41.55x
Liability-to-Asset
46.6%
Revenue Diversification
81.2%
Executive Compensation
$137K
Compared with Peers
FY 2024
Compared with 8,453 similar organizations
(United States, Religion-Related, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.0% | 87.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.0% | 8.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
41.6 mo | 7.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
46.6% | 0.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
81.2% | 99.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
9.5% | 6.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
20.9% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34.7% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.1M | $731K | $2.5M | 80.0% | 0 |
| 2023 | $1.0M | $605K | $2.3M | 83.1% | 8 |
| 2022 | $2.3M | $640K | $1.8M | 84.4% | 8 |
| 2021 | $1K | N/A | $1K | — | — |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.