Serna Marymount Community Development Corporation

Analysis

Serna Marymount Community Development Corporation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Serna Marymount Community Development Corporation reported income of $354k and spending of $407k, spending 115% of what it took in. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Serna Marymount Community Development Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Masgutova Foundation ($354k), Beginning Education and Readiness School ($354k) and Corinth Holders High School Pirate Club Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $83k (21% of expenses). Other salaries and wages came to $33k. At year end it held assets of $0 against liabilities of $34k, net assets of -$34k. It reported 4 employees.