Serenissima Ministry Groupinternational

Analysis

Serenissima Ministry Groupinternational is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Serenissima Ministry Groupinternational reported income of $524k and spending of $561k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $415k to $524k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Serenissima Ministry Groupinternational sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include Who U with Ministries ($524k), Hidden with Christ Ministries ($524k) and Fully Furnished Ministries Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $313k against liabilities of $1,213, net assets of $311k.