MX Servelead International

Analysis

MX Servelead International is a registered charity in United States, based in Monterey Park, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, MX Servelead International reported income of $115k and spending of $87k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $115k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, MX Servelead International sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Illinois Center for Jewish Studies Inc ($115k), Ethio-Eder ($115k) and Soji Dedicated to the Study of Soto Zen Buddhism Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $166k against liabilities of $1,256, net assets of $165k.