Charity Search / SPARTA MINISTRIES INC
Religion-Related (X20) 990 on File

SPARTA MINISTRIES INC

EIN: 85-3918631 · SEBRING, FL 33875-7707 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 40/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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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
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Organization Details
EIN
85-3918631
State
FL
City
SEBRING
ZIP
33875-7707
Classification
X20
Category
Religion-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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