Shri Service Corps

Analysis

Shri Service Corps is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in April 2013, 13 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, Shri Service Corps reported income of $214k and spending of $161k, leaving 25% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $361k to $214k (-41%), an average of -23% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shri Service Corps sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within RI. Charities of a similar size with the same main cause include Center for a Green Future ($214k), Fairhaven Ministry of Faith Hope and Love ($214k) and Farm Table Foundation Incorporated ($214k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $474k against liabilities of $0, net assets of $474k.