Xyz Services Inc

Analysis

Xyz Services Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Xyz Services Inc reported income of $188k and spending of $180k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $188k (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Xyz Services Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include Theresa Tracy Strive to Survive ($188k), Widowed Persons Association of California Inc ($188k) and Inspira Resource Center ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $22k against liabilities of $121k, net assets of -$99k.