Serve Incorporated

Analysis

Serve Incorporated is a registered charity in United States, based in Bayside, WI. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Serve Incorporated reported income of $214k and spending of $167k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $238k to $214k (-9.8%), an average of -9.8% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Serve Incorporated sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Fabulous 50s Foundation ($214k), Main Street Delaware Inc ($214k) and Weston Community Foundation Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $10k. At year end it held assets of $225k against liabilities of $6,568, net assets of $218k.