Project S E R V E

Analysis

Project S E R V E is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2009, 17 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, Project S E R V E reported income of $490k and spending of $851k, spending 174% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $681k to $490k (-28%), an average of -6.4% a year. The sharpest change came in the year to June 2024, when income rose by 101%. Over the whole period it spent 177% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project S E R V E 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 72nd percentile within FL. Charities of a similar size with the same main cause include Camp John Marc Foundation Inc ($489k), Stonewall Youth ($490k) and Pines of Peace Inc ($489k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $142k (17% of expenses). Other salaries and wages came to $304k. It paid $45k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $54k, net assets of $2.1m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.