Sereolipi Nomadic Education Foundation Inc

Analysis

Sereolipi Nomadic Education Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Sereolipi Nomadic Education Foundation Inc reported income of $531k and spending of $415k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $531k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sereolipi Nomadic Education Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include African Primary Healthcare Foundation ($531k), Africa Exchange ($531k) and Kenya Connect Inc ($530k).

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 $235k against liabilities of $0, net assets of $235k.