Iserve Foundation
Analysis
Iserve Foundation is a registered charity in United States, based in LA Mirada, CA. It received its IRS tax-exemption ruling in April 2018, 8 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, Iserve Foundation reported income of $94k and spending of $86k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $110k to $94k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 97% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Iserve Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Chabad of the Airport Inc ($94k), Team Kiwi Inc ($94k) and Him4her Ministries ($94k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chabad of the Airport Inc | Brooklyn | $94k |
| Team Kiwi Inc | Colorado Springs | $94k |
| Him4her Ministries | Chanhassen | $94k |
| Lovejoy Peace Center Inc | Buffalo | $94k |