First to Serve Inc

Analysis

First to Serve Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, First to Serve Inc reported income of $27.3m and spending of $27.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.0m to $27.3m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, First to Serve Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Creative Health Services Inc ($27.3m), Ocean Health Initiatives Inc ($27.3m) and American College of Gastroenterology Inc ($27.3m).

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 $192k (0.7% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $13.5m against liabilities of $10.7m, net assets of $2.9m. It reported 492 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.