Servantek Inc

Analysis

Servantek Inc is a registered charity in United States, based in Hopewell JCT, NY. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Servantek Inc reported income of $187k and spending of $147k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $187k (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Servantek Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Hand-N-Hand Early Learning Center Inc ($187k), Sophia Academy ($187k) and The Center for American Military Music Opportunities ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 62% of the total. At year end it held assets of $38k against liabilities of $32k, net assets of $6,274.