Management Services Inc
Analysis
Management Services Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in April 2010, 16 years ago. 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, Management Services Inc reported income of $2.2m and spending of $2.7m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1 to $2.2m (+215973800%), an average of +3734% a year. The sharpest change came in the year to December 2020, when income rose by 131082500%. Over the whole period it spent 118% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Management Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Speech & Hearing Center of the Midsouth ($2.2m), World Missions & Evangelism Inc ($2.2m) and Child & Family Resources Inc ($2.2m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $8.0m against liabilities of $9.5m, net assets of -$1.4m. It reported 74 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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Speech & Hearing Center of the Midsouth | Germantown | $2.2m |
| World Missions & Evangelism Inc | Benton | $2.2m |
| Child & Family Resources Inc | Mt Arlington | $2.2m |
| Girl Scouts of the Sierra Nevada | Reno | $2.2m |