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Service League of Greenville Inc

Registered · see notesEIN 56-0547470Greenville, NCOther charitable purposes
Income$753k2024-03
Spending$758ksame year
Spent / received102%5-year average
Size in its cause74th pctOther charitable purposes
Exempt since1953Supporting organisation
Employees19latest return

Analysis

Service League of Greenville Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in March 1953, 73 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Service League of Greenville Inc reported income of $753k and spending of $758k, spending 101% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $661k to $753k (+14%), an average of +3.3% a year. The sharpest change came in the year to March 2023, when income rose by 50%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Service League of Greenville Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Friends in Deed ($753k), Fairmount Center for Creative & Performing Arts Inc ($753k) and Organization of Chinese Americans ($753k).

Other salaries and wages came to $141k. At year end it held assets of $1.7m against liabilities of $9,858, net assets of $1.7m. It reported 19 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.

Income and spending

$0$191k$383k$574k$766k2020 Income: $661,0472020 Spending: $546,02420202021 Income: $550,0242021 Spending: $502,33320212022 Income: $500,8422022 Spending: $697,38620222023 Income: $749,4682023 Spending: $765,85520232024 Income: $753,4632024 Spending: $757,6912024
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Friends in DeedYpsilanti$753k
Fairmount Center for Creative & Performing Arts IncNovelty$753k
Organization of Chinese AmericansMadison HTS$753k
John T Waterhouse Share No 3 TrustHonolulu$754k