Serenity House of Victor Inc

Analysis

Serenity House of Victor Inc is a registered charity in United States, based in Victor, NY. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Serenity House of Victor Inc reported income of $263k and spending of $241k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $263k (+94%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Serenity House of Victor Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Society for the Neural Control of Movement ($263k), Pulmonary Wellness Foundation Inc ($263k) and Michael Hoefflin Foundation ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $82k (34% of expenses). Other salaries and wages came to $101k. At year end it held assets of $175k against liabilities of $0, net assets of $175k. It reported 8 employees.