Segera Mission Inc

Analysis

Segera Mission Inc is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Segera Mission Inc reported income of $683k and spending of $413k, leaving 40% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $237k to $683k (+188%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Segera Mission Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Mission Triangle Inc ($683k), Superchannel Centre Inc ($683k) and Chaverim Lemitzva Inc ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (2.4% of expenses). Other salaries and wages came to $5,000. At year end it held assets of $339k against liabilities of $113, net assets of $339k. It reported 2 employees.