Seva Foundation Inc

Analysis

Seva Foundation Inc is a registered charity in United States, based in S Kortright, NY. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Seva Foundation Inc reported income of $62k and spending of $68k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $38k to $62k (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 146% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seva Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Reboot Charity Inc ($62k), Liberty Haven Farm Inc ($62k) and Wayne County Senior Citizens Inc ($62k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 20% of the total. At year end it held assets of $611k against liabilities of $0, net assets of $611k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.