Seres Global

Analysis

Seres Global is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Seres Global reported income of $125k and spending of $163k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $166k to $125k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Seres Global sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 38th percentile within WA. Charities of a similar size with the same main cause include Iron Range Trail Club Inc ($125k), Maricopa Trail and Park Foundation ($125k) and Idaho Foundation for Parks and Lands ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.