Serving Leaders Ministries Inc

Analysis

Serving Leaders Ministries Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in April 2008, 18 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 June 2024, Serving Leaders Ministries Inc reported income of $1.0m and spending of $1.3m, spending 130% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $522k to $1.0m (+93%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 244%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Serving Leaders Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include American Friends of Jewish Statemanship Center Inc ($1.0m), Khalsa Care Foundation ($1.0m) and Missions Training Center International Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $283k (22% of expenses). Other salaries and wages came to $486k. At year end it held assets of $1.5m against liabilities of $11k, net assets of $1.5m. It reported 13 employees.