Serve India Ministries

Analysis

Serve India Ministries is a registered charity in United States, based in Charleston, IL. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Serve India Ministries reported income of $3.1m and spending of $3.9m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.1m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Serve India Ministries sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Breath of the Spirit Ministries International Inc ($3.1m), Presbyterian Student Center Foundation ($3.1m) and American Friends of Netiv Aryeh Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (1.7% of expenses). Other salaries and wages came to $140k. At year end it held assets of $2.0m against liabilities of $12k, net assets of $2.0m. It reported 4 employees.