Serve Reedley Inc

Analysis

Serve Reedley Inc is a registered charity in United States, based in Reedley, CA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Serve Reedley Inc reported income of $248k and spending of $177k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $248k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serve Reedley Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Strive and Succeed Inc ($248k), Cfo Rising Inc ($248k) and Abundant Life Pregnancy Resource Center ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (46% of expenses). Other salaries and wages came to $32k. At year end it held assets of $161k against liabilities of $14k, net assets of $147k. It reported 3 employees.