Serve and Succeed Charitable Foundation

Analysis

Serve and Succeed Charitable Foundation is a registered charity in United States, based in Claremont, NH. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 and Succeed Charitable Foundation reported income of $234k and spending of $253k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $434k to $234k (-46%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Serve and Succeed Charitable Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within NH. Charities of a similar size with the same main cause include Lexington High School Band Boosters ($234k), Vehicle for Change Inc ($234k) and Samuel School ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.