Serve 6 8

Analysis

Serve 6 8 is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in February 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 2023, Serve 6 8 reported income of $4.2m and spending of $2.7m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $815k to $4.2m (+418%), an average of +51% a year. The sharpest change came in the year to June 2020, when income rose by 83%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serve 6 8 sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Proof Alliance ($4.2m), NBCC ($4.2m) and Institute for Indian Development Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (6.0% of expenses). Other salaries and wages came to $316k. At year end it held assets of $3.6m against liabilities of $893k, net assets of $2.7m. It reported 14 employees.