Serenelli Project Inc

Analysis

Serenelli Project Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 2021, 5 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, Serenelli Project Inc reported income of $103k and spending of $43k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $103k (-7.9%), an average of -7.9% a year. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Serenelli Project Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Linc San Antonio ($103k), World Changer Foundation ($103k) and 15 57 Ministries Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $300k against liabilities of $1,158, net assets of $298k.