Serve Lubbock

Analysis

Serve Lubbock is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in June 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 Lubbock reported income of $77k and spending of $75k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $824k to $77k (-91%), an average of -91% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serve Lubbock sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Grundy County Food Bank ($77k), Sunfield Area Sponsors of Programs for Youth ($77k) and Ucns ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $16k. At year end it held assets of $873k against liabilities of $0, net assets of $873k. It reported 1 employees.