Serenity Foundation Inc

Analysis

Serenity Foundation Inc is a registered charity in United States, based in Dublin, GA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Foundation Inc reported income of $102k and spending of $146k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $102k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serenity Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Mother-Wise ($102k), Saperica Inc ($102k) and Project 2911 a Community Development Corporation ($102k).

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 $104k against liabilities of $0, net assets of $104k.