Southeast Regional Library System Serls

Analysis

Southeast Regional Library System Serls is a registered charity in United States, based in Wellston, OH. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Southeast Regional Library System Serls reported income of $182k and spending of $173k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $186k to $182k (-2.6%), an average of -0.9% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Regional Library System Serls sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Harlan Band Booster Organization ($182k), National Institute of Governmental Purchasing Inc ($182k) and Hawaii Education of the Arts Inc ($182k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $94k (55% of expenses). At year end it held assets of $745k against liabilities of $0, net assets of $745k. It reported 2 employees.