Docservices Inc

Analysis

Docservices Inc is a registered charity in United States, based in Miami, OK. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Docservices Inc reported income of $2.0m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $965k to $2.0m (+103%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Docservices Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Little Star Foundation ($2.0m), Educhrist ($2.0m) and Educate Advancing Early Childhood Education Parenting and Literacy ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $117k (7.7% of expenses). Other salaries and wages came to $651k. At year end it held assets of $1.8m against liabilities of $124k, net assets of $1.7m. It reported 31 employees.