Bond Servants Inc

Analysis

Bond Servants Inc is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in September 2002, 24 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 April 2024, Bond Servants Inc reported income of $234k and spending of $207k, spending 89% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $254k to $234k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to April 2023, when income dropped by 30%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bond Servants Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Life Span Home Inc ($234k), Kans for Kids Fighting Cancer Foundation ($234k) and Healing Hands Resource Center ($234k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k. It reported 1 employees.