Semenenko Trust

Analysis

Semenenko Trust is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Semenenko Trust reported income of $586k and spending of $8,000, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $586k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 476%. Over the whole period it spent 0.3% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Semenenko Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Proverbs2717 Inc ($586k), Acts 1 8 Foundation Incorporated ($587k) and Kairos Church Planting Support ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.