Center Service Inc

Analysis

Center Service Inc is a registered charity in United States, based in Troy, AL. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Center Service Inc reported income of $114k and spending of $49k, leaving 57% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $149k to $114k (-23%), an average of -6.4% a year. The sharpest change came in the year to September 2022, when income rose by 43%. Over the whole period it spent 164% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center Service Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within AL. Charities of a similar size with the same main cause include Hawthorne Family Playschool ($114k), Mayville Library ($114k) and Southeast Education Foundation Inc ($114k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 75% of the total. At year end it held assets of $877k against liabilities of $4,360, net assets of $873k.