Serhendi Cultural Association

Analysis

Serhendi Cultural Association is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Serhendi Cultural Association reported income of $158k and spending of $143k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $80k to $158k (+98%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 1423%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serhendi Cultural Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Level Pathways Inc ($158k), KTB Financial Services Inc ($158k) and Nepal Orphans Home Inc ($158k).

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 $722k against liabilities of $175k, net assets of $547k.