Team Services Inc

Analysis

Team Services Inc is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2024, Team Services Inc reported income of $486k and spending of $545k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $578k to $486k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Team Services Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Casaluz ($486k), Beyond Limits Inc ($487k) and Simply the Best Academy Inc ($486k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Other salaries and wages came to $228k. At year end it held assets of $396k against liabilities of $214k, net assets of $182k. It reported 12 employees.