Self Help Services Corp
EIN: 561849615 · Durham, NC
| Metric | Value |
|---|---|
| Total Revenue | $80.4M |
| Total Expenses | $78.5M |
| Net Assets | $67K |
Is Self Help Services Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Self Help Services Corp
Self Help Services Corp (EIN: 561849615) is a nonprofit organization based in Durham, NC. The organization reported total revenue of $80.4M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Self Help Services Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Self Help Services Corp is a major nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78.5M |
| Total Expenses | $78.5M |
| Surplus / Deficit | $-647 |
| Total Assets | $13.0M |
| Total Liabilities | $12.9M |
| Net Assets | $67K |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 99.5% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Self Help Services Corp reported a deficit of $647 with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 99.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Self Help Services Corp's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +6.6% | +23.3% |
| 2022 | +9.1% | +9.1% | +23.1% |
| 2021 | +12.3% | +12.3% | -15.2% |
| 2020 | +8.3% | +8.3% | +26.3% |
| 2019 | +87.4% | +87.4% | +77.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Self Help Services Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Self Help Services Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $647, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.5%.
Frequently Asked Questions about Self Help Services Corp
Is Self Help Services Corp a legitimate charity?
Self Help Services Corp (EIN: 561849615) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $80.4M. No red flags identified. Financial health grade: D.
How does Self Help Services Corp spend its money?
Self Help Services Corp reported $80.4M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Self Help Services Corp tax-deductible?
Self Help Services Corp is registered as a tax-exempt nonprofit (EIN: 561849615). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Self Help Services Corp located?
Self Help Services Corp is headquartered in Durham, North Carolina and files with the IRS under EIN 561849615.
How many years of IRS 990 filings does Self Help Services Corp have?
Self Help Services Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $80.4M in total revenue.
Filing History
IRS 990 filing history for Self Help Services Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Self Help Services Corp's revenue has grown by 289.2%, moving from $20.2M to $78.5M. Total assets increased by 1586.3% over the same period, from $772K to $13.0M. Total functional expenses rose by 289.3%, from $20.2M to $78.5M. In its most recent filing year (2023), Self Help Services Corp reported a deficit of $647, with expenses exceeding revenue. The organization holds $12.9M in liabilities against $13.0M in assets (debt-to-asset ratio: 99.5%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78.5M | $78.5M | $13.0M | $12.9M | — | — |
| 2022 | $73.6M | $73.6M | $10.6M | $10.5M | — | — |
| 2021 | $67.5M | $67.5M | $8.6M | $8.5M | — | View 990 |
| 2020 | $60.1M | $60.1M | $10.1M | $10.0M | — | View 990 |
| 2019 | $55.5M | $55.5M | $8.0M | $7.9M | — | View 990 |
| 2018 | $29.6M | $29.6M | $4.5M | $4.4M | — | View 990 |
| 2017 | $27.2M | $27.2M | $3.2M | $3.1M | — | View 990 |
| 2016 | $25.2M | $25.2M | $2.8M | $2.7M | — | View 990 |
| 2015 | $24.6M | $24.6M | $2.4M | $2.4M | — | View 990 |
| 2014 | $24.0M | $24.0M | $1.8M | $1.7M | — | View 990 |
| 2013 | $20.9M | $20.9M | $927K | $861K | — | View 990 |
| 2012 | $20.4M | $20.4M | $686K | $620K | — | View 990 |
| 2011 | $20.2M | $20.2M | $772K | $706K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78.5M, expenses of $78.5M, and assets of $13.0M (revenue +6.6% year-over-year).
- 2022: Revenue of $73.6M, expenses of $73.6M, and assets of $10.6M (revenue +9.1% year-over-year).
- 2021: Revenue of $67.5M, expenses of $67.5M, and assets of $8.6M (revenue +12.3% year-over-year).
- 2020: Revenue of $60.1M, expenses of $60.1M, and assets of $10.1M (revenue +8.3% year-over-year).
- 2019: Revenue of $55.5M, expenses of $55.5M, and assets of $8.0M (revenue +87.4% year-over-year).
- 2018: Revenue of $29.6M, expenses of $29.6M, and assets of $4.5M (revenue +9.0% year-over-year).
- 2017: Revenue of $27.2M, expenses of $27.2M, and assets of $3.2M (revenue +7.7% year-over-year).
- 2016: Revenue of $25.2M, expenses of $25.2M, and assets of $2.8M (revenue +2.6% year-over-year).
- 2015: Revenue of $24.6M, expenses of $24.6M, and assets of $2.4M (revenue +2.3% year-over-year).
- 2014: Revenue of $24.0M, expenses of $24.0M, and assets of $1.8M (revenue +14.6% year-over-year).
- 2013: Revenue of $20.9M, expenses of $20.9M, and assets of $927K (revenue +2.8% year-over-year).
- 2012: Revenue of $20.4M, expenses of $20.4M, and assets of $686K (revenue +1.0% year-over-year).
- 2011: Revenue of $20.2M, expenses of $20.2M, and assets of $772K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Self Help Services Corp:
Data Sources and Methodology
This transparency report for Self Help Services Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.