Serve and Connect

Analysis

Serve and Connect is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Serve and Connect reported income of $1.6m and spending of $1.2m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $494k to $1.6m (+227%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 103%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serve and Connect sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Old Concho Community Assistance Center ($1.6m), Vizavance Inc ($1.6m) and Hope585 ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $87k (7.1% of expenses). Other salaries and wages came to $390k. At year end it held assets of $817k against liabilities of $251k, net assets of $567k. It reported 14 employees.