Semper Quaere Verum Inc

Analysis

Semper Quaere Verum Inc is a registered charity in United States, based in Wayzata, MN. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Semper Quaere Verum Inc reported income of $147k and spending of $173k, spending 117% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $276k to $147k (-47%), an average of -47% a year. The sharpest change came in the year to June 2024, when income dropped by 47%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Semper Quaere Verum Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Oregon Christian Home Education ($147k), Southeastern Regional Reading Recovery Association ($147k) and Kingdom Gravity Ministries International Inc ($147k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.