Serra International

Analysis

Serra International is a registered charity in United States, based in Chicago, IL. 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 December 2022, Serra International reported income of $342k and spending of $331k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $367k to $342k (-6.9%), an average of -3.5% a year. Over the whole period it spent 100% 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 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Bnai Brith International ($342k), Paralyzed Veterans of America ($342k) and Jessamine Youth Soccer League Inc ($342k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $65k (20% of expenses). Other salaries and wages came to $50k. At year end it held assets of $282k against liabilities of $73k, net assets of $209k.