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New York · Nonprofit

SERVICES FOR THE UNDERSERVED INC

SERVICES FOR THE UNDERSERVED INC (New York) receives grants from 32 organizations whose IRS filings report $8,018,005 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($3,575,518). 23 of them have funded it in more than one year.

Revenue FY2025
$52M
Funders on record
32
Grants received
$8.0M
Net assets
$84M
23/32 repeat funderspeak grant-dependency 11%
01What it does

What Services for the Underserved Inc does

Mission

We drive scalable solutions to transform the lives of people with disabilities, people in poverty, and people facing homelessness: solutions that contribute to righting societal imbalances.

As stated on its FY2025 Form 990.

Program

  1. Fees from affiliates in connection with providing exempt function services in furtherance of its mission.

    $0 spent$47,000,369 earned by the program

The program described on its FY2024 Form 990. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($26M) Expenses 100 ($14M) Net assets 100 ($27M)2018 Revenue 88 ($22M) Expenses 138 ($19M) Net assets 112 ($31M)2019 Revenue 121 ($31M) Expenses 162 ($22M) Net assets 144 ($40M)2020 Revenue 101 ($26M) Expenses 158 ($22M) Net assets 158 ($43M)2021 Revenue 88 ($22M) Expenses 154 ($21M) Net assets 163 ($45M)2022 Revenue 134 ($34M) Expenses 185 ($26M) Net assets 194 ($53M)2023 Revenue 135 ($35M) Expenses 210 ($29M) Net assets 252 ($69M)2024 Revenue 149 ($38M) Expenses 224 ($31M) Net assets 278 ($77M)2025 Revenue 202 ($52M) Expenses 318 ($44M) Net assets 307 ($84M)
'17'18'19'20'21'22'23'24'25
Revenue (202)Expenses (318)Net assets (307)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $76M to $93M (+23%).

$52M
$56M
$66M
$76M
$93M
$99M
$105M
$106M
$115M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 6% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$12M
’17
$3.4M
’18
$8.7M
’19
$4.0M
’20
$1.2M
’21
$8.7M
’22
$5.5M
’23
$7.2M
’24
$7.8M
’25
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Perry J Perlmutter

President and CEO

Board chair

John A Mckesson

Chair (thru 1/25)/board member

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed353233323334343029
Joined·+9+9+5+1+1+4+2+4
No longer listed·128600465
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 15 funders, grant income fell $649k → $641k.

9 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SERVICES FOR THE UNDERSERVED INC’s funders (the co-funder graph). Top 30 of 32 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SERVICES FOR THE UNDERSERVED INC leans on a few funders — its largest provides 45% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SERVICES FOR THE UNDERSERVED INC.

45%
largest funder
70%
top three
~4
effective funders

Largest funder’s share by year: 2017 38% · 2018 57% · 2019 88% · 2020 44% · 2021 48% · 2022 32% · 2023 39% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of SERVICES FOR THE UNDERSERVED INC's funders are still giving 3 years after their first grant; 72% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

SERVICES FOR THE UNDERSERVED INC draws 62% of its grant income from funders outside New York, across 12 states in all.

ME
MN
NY
MA
OH
NJ
CT
CA
CO
VA
MD
DE

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding SERVICES FOR THE UNDERSERVED INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $212.0M on record.

Federal$212.0M
grants $212.0Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Veterans Affairs$105.4M
  • Department of Housing and Urban Development$84.4M
  • Department of Health and Human Services$21.1M
  • Department of Labor$1.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SERVICES FOR THE UNDERSERVED INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 98%Fundraising 2%

Governance

22
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

69%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 82 related entities

  • 21 Truxton Street Hdfc · exempt
  • Boston Post Road Hdfc · exempt
  • Broadway Decatur Hdfc · exempt
  • Cedar Tremont Hdfc · exempt
  • Flora Vista Hdfc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SERVICES FOR THE UNDERSERVED INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SERVICES FOR THE UNDERSERVED INC?
SERVICES FOR THE UNDERSERVED INC (New York) receives grants from 32 organizations whose IRS filings report $8,018,005 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($3,575,518). 23 of them have funded it in more than one year.
How many funders does SERVICES FOR THE UNDERSERVED INC have?
IRS filings report 32 organizations giving $8,018,005 in grants to SERVICES FOR THE UNDERSERVED INC, 23 of which have funded it in more than one year.
Who is the largest funder of SERVICES FOR THE UNDERSERVED INC?
ENTERPRISE COMMUNITY PARTNERS INC is the largest funder on record, with $3,575,518 in grants. The full list of funders is on this page.
How can an organization like SERVICES FOR THE UNDERSERVED INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Services for the Underserved →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 32 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing