Goserv Global Inc

Analysis

Goserv Global Inc is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Goserv Global Inc reported income of $2.9m and spending of $4.1m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.9m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Goserv Global Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Northwest Healthcare Response Network ($2.9m), Monroeville Volunteer Fire Company 4 ($2.9m) and National Fire Protection Research Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $295k (7.2% of expenses). Other salaries and wages came to $441k. At year end it held assets of $1.4m against liabilities of $487k, net assets of $922k. It reported 6 employees.