Ser Ninos Inc

Analysis

Ser Ninos Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ser Ninos Inc reported income of $17.8m and spending of $14.7m, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $12.5m to $17.8m (+43%), an average of +9.4% a year. The sharpest change came in the year to August 2023, when income rose by 21%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ser Ninos Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Suffolk Cooperative Library System ($17.8m), Providence Classical Academy Inc ($17.8m) and Global Entrepreneurship Network Inc ($17.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $143k (1.0% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $69.9m against liabilities of $42.7m, net assets of $27.2m. It reported 125 employees.