CSCharityScored
90

Spring Arbor University

Education · Spring Arbor, Michigan

106 E Main St, Spring Arbor, MI 49283-9701

EIN: 381359569· Founded: May 1972· 54 years active· Filing Year: 2023

Annual Revenue

$57.8M

Total Expenses

$59.4M

Total Assets

$116.7M

Program Spending

87%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$497K

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$15.8M

Total Payroll

$16.4M

28% of total expenses

Where the Money Goes

87%
Programs: 87%
Payroll: 28%
Other overhead: 13%
Program Revenue$51.7M (89%)
Total Expenses$59.4M (100%)
Payroll$16.4M (28%)
Overhead (non-program)13%

Trust Score Breakdown

Program Spending Ratio

87% of expenses go to programs

40%

Revenue & Stability

$57.8M annual revenue

15%

Executive Compensation

$497K total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$116.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.