Servenow

Analysis

Servenow is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 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 March 2024, Servenow reported income of $3.8m and spending of $3.8m, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.5m to $3.8m (+51%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 82%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Servenow sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Whatcom Council on Aging ($3.8m), Our Ladys Inn ($3.8m) and Welcoming America Inc ($3.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $109k (2.9% of expenses). Other salaries and wages came to $535k. It paid $58k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $164k, net assets of $1.1m. It reported 12 employees.