Pastorserve Inc

Analysis

Pastorserve Inc is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Pastorserve Inc reported income of $2.0m and spending of $2.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pastorserve Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Vietnamese American Buddhist Congregation ($2.0m), Asia Partners Inc ($2.0m) and Georgia Central University Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $381k (18% of expenses). Other salaries and wages came to $596k. At year end it held assets of $651k against liabilities of $30k, net assets of $621k. It reported 32 employees.