City Serve of the Triad

Analysis

City Serve of the Triad is a registered charity in United States, based in Jamestown, NC. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, City Serve of the Triad reported income of $65k and spending of $62k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $65k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, City Serve of the Triad sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Maricopa County Sheriffs Office Memorial Fund ($65k), Hmong Service Center Inc ($65k) and Pequaywan Area Trail Blazers Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $3,315 against liabilities of $0, net assets of $3,315.