Service 2 Software Inc

Analysis

Service 2 Software Inc is a registered charity in United States, based in Locust Grove, GA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover employment, 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, Service 2 Software Inc reported income of $284k and spending of $348k, spending 123% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $288k to $284k (-1.6%), an average of -0.8% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Service 2 Software Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Columbus Rotary Foundation Inc ($283k), Launch ($284k) and Berista Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $182k. At year end it held assets of $19k against liabilities of $154k, net assets of -$135k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.