Servant House Education Ministries and Advancements Inc

Analysis

Servant House Education Ministries and Advancements Inc is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Servant House Education Ministries and Advancements Inc reported income of $470k and spending of $471k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $507k to $470k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Servant House Education Ministries and Advancements Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include St Michael Ethiopian Orthodox Tewahda Church ($470k), Word of Life ($470k) and City Church Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $11k (2.3% of expenses). Other salaries and wages came to $308k. At year end it held assets of $114k against liabilities of $25k, net assets of $88k. It reported 10 employees.