School of Service
Analysis
School of Service is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in May 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, School of Service reported income of $310k and spending of $400k, spending 129% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $131k to $310k (+137%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 120% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, School of Service sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Hillsboro Charitable Foundation Inc ($310k), Md1 Program Inc ($311k) and International Society of Dermatopathology ($310k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $39k (9.7% of expenses). Other salaries and wages came to $189k. At year end it held assets of $353k against liabilities of $311k, net assets of $42k.
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.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 63%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hillsboro Charitable Foundation Inc | Nashville | $310k |
| Md1 Program Inc | Fairfield | $311k |
| International Society of Dermatopathology | Columbus | $310k |
| Starting Hearts Inc | Avon | $311k |