Interserv Foundation

Analysis

Interserv Foundation is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Interserv Foundation reported income of $324k and spending of $910k, spending 281% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $833k to $324k (-61%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 174% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Interserv Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include John and Mary Alford Foundation ($324k), Health Foundation of Greater Massillon ($324k) and Hooptee Charities Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $70k (7.7% of expenses). Other salaries and wages came to $61k. At year end it held assets of $2.4m against liabilities of $163k, net assets of $2.2m. It reported 3 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.