Serve to Lead

Analysis

Serve to Lead is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in December 2014, 12 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 December 2023, Serve to Lead reported income of $368k and spending of $453k, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $288k to $368k (+28%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serve to Lead sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Volunteer Center of Racine Inc ($368k), Pace Afterschool Program ($368k) and Community Food Pantry of Sleepy Hollow Tarrytown ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $210k. At year end it held assets of $121k against liabilities of $5,039, net assets of $116k. It reported 26 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.