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Tech Serve International Inc

RegisteredEIN 33-0386510Greenbrier, ARCommunity and economic development
Income$576k2023-12
Spending$449ksame year
Spent / received78%5-year average
Size in its cause69th pctCommunity and economic development
Exempt since1990Publicly supported organisat
Employees4latest return

Analysis

Tech Serve International Inc is a registered charity in United States, based in Greenbrier, AR. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tech Serve International Inc reported income of $576k and spending of $449k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $576k (+154%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tech Serve International Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within AR. Charities of a similar size with the same main cause include Greater Gratiot Development Inc ($576k), 212 Catalysts ($576k) and Junior League of New Orleans Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $68k (15% of expenses). Other salaries and wages came to $33k. At year end it held assets of $1.0m against liabilities of $3,999, net assets of $1.0m. It reported 4 employees.

Income and spending

$0$161k$323k$484k$646k2019 Income: $226,5112019 Spending: $229,70520192020 Income: $305,4592020 Spending: $293,34220202021 Income: $586,8182021 Spending: $363,83020212022 Income: $645,5972022 Spending: $492,47320222023 Income: $576,2312023 Spending: $448,5392023
IncomeSpending

Where the income comes from

  • Contributions & grants 52%
  • Program services 48%

Similar-sized charities, same cause

CharityLocationIncome
Greater Gratiot Development IncIthaca$576k
212 CatalystsAustin$576k
Junior League of New Orleans IncNew Orleans$576k
Reach Out First IncGreensboro$576k