Serve Inc
Analysis
Serve Inc is a registered charity in United States, based in Fulton, MO. It received its IRS tax-exemption ruling in April 1974, 52 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 2023, Serve Inc reported income of $2.5m and spending of $2.6m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $2.5m (+12%), an average of +3.7% a year. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serve Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Camp Woods Young Mens Christian Association ($2.5m), Vassar-Warner Home ($2.5m) and Life a Center for Independent Living ($2.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Other salaries and wages came to $720k. At year end it held assets of $789k against liabilities of $186k, net assets of $603k. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 47%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Camp Woods Young Mens Christian Association | Elmdale | $2.5m |
| Vassar-Warner Home | Poughkeepsie | $2.5m |
| Life a Center for Independent Living | Pocatello | $2.5m |
| Epic Enterprises Incorporated | Dundas | $2.6m |