Serc Reliability Corporation

Analysis

Serc Reliability Corporation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 2025. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Serc Reliability Corporation reported income of $33.2m and spending of $28.9m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.1m to $33.2m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Serc Reliability Corporation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Colorado Open Lands ($33.1m), Sunrise Project Inc ($33.3m) and Product Care Association ($32.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3.0m (10% of expenses). Other salaries and wages came to $16.4m. At year end it held assets of $21.7m against liabilities of $6.7m, net assets of $15.1m. It reported 109 employees.