Servants Heart Inc

Analysis

Servants Heart Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2003, 23 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 2023, Servants Heart Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $1.1m (+140%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 119%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Servants Heart Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Society of St Vincent de Paul Archdiocesan Council of Ok City ($1.1m), Naleh Inc ($1.1m) and Serenity Inns Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $513k against liabilities of -$801, net assets of $513k.