Equip2serve

Analysis

Equip2serve is a registered charity in United States, based in Alexandria, AL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Equip2serve reported income of $310k and spending of $260k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $310k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Equip2serve sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Permanecer Ministries Inc ($310k), Gideon Fellowship International ($310k) and Family Promise of Great Falls ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $104k (40% of expenses). Other salaries and wages came to $60k. At year end it held assets of $130k against liabilities of $0, net assets of $130k.