Serbian Brothers Help Inc

Analysis

Serbian Brothers Help Inc is a registered charity in United States, based in Lindenhurst, IL. It received its IRS tax-exemption ruling in May 1968, 58 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 March 2023, Serbian Brothers Help Inc reported income of $75k and spending of $83k, spending 111% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $114k to $75k (-34%), an average of -13% a year. The sharpest change came in the year to March 2022, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Serbian Brothers Help Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Triple C Ministries Inc ($75k), Early Music Guild of Oregon ($75k) and National Giving Alliance ($75k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 40% and program service revenue 52% of the total. At year end it held assets of $660k against liabilities of $177k, net assets of $483k.