Serra International

Analysis

Serra International is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 1949, 77 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Serra International reported income of $182k and spending of $112k, leaving 38% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $101k to $182k (+79%), an average of +16% a year. The sharpest change came in the year to May 2021, when income rose by 127%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Serra International sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include Sunrise Kiwanis Foundation of Fort Pierce Inc ($182k), Adams Parent Teacher Association ($182k) and American College of Physicians ($182k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 38% and program service revenue 36% of the total. At year end it held assets of $1.1m against liabilities of $25k, net assets of $1.1m.