Eager to Serve Inc

Analysis

Eager to Serve Inc is a registered charity in United States, based in Freeport, NY. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Eager to Serve Inc reported income of $478k and spending of $420k, spending 88% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $401k to $478k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eager to Serve Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Lake Mills Area Community Foundation Inc ($478k), Pie in the Sky Community Alliance Inc ($478k) and Paulding County Area Fdtn-Marshall Memorial Supporting FDTN ($478k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $142k. At year end it held assets of $221k against liabilities of $312k, net assets of -$91k.