Service Over Self Incorporated

Analysis

Service Over Self Incorporated is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in January 1999, 27 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 September 2023, Service Over Self Incorporated reported income of $1.3m and spending of $1.5m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $1.3m (-1.8%), an average of -0.5% a year. The sharpest change came in the year to September 2022, when income rose by 28%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Service Over Self Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Garretson Child Care Corporation ($1.3m), Family Service Agency Inc ($1.3m) and Young Mens Christian Association ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $94k (6.3% of expenses). Other salaries and wages came to $392k. At year end it held assets of $3.2m against liabilities of $49k, net assets of $3.1m. It reported 47 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.