Ser Community Development Corporation

Analysis

Ser Community Development Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 August 2023, Ser Community Development Corporation reported income of $138k and spending of $65k, leaving 53% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $198k to $138k (-30%), an average of -8.6% a year. The sharpest change came in the year to August 2022, when income rose by 614%. Over the whole period it spent 20% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ser Community Development Corporation 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 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Southern Living Apartments Inc ($138k), Tumbleweed Housing Foundation ($138k) and Coyne Road Inc ($138k).

At year end it held assets of $4.3m against liabilities of $36k, net assets of $4.3m.