Operation Service Inc
Analysis
Operation Service Inc is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Operation Service Inc reported income of $62k and spending of $55k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $62k (+11%), an average of +11% a year. Over the whole period it spent 89% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Operation Service Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Jackson Madison County African American Chamber of Commerce ($62k), Burbank Kiwanis Foundation Inc ($62k) and Resist Density Org ($62k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jackson Madison County African American Chamber of Commerce | Jackson | $62k |
| Burbank Kiwanis Foundation Inc | Valencia | $62k |
| Resist Density Org | Moss Beach | $62k |
| North Berrien Community Development | Coloma | $62k |