The Serenity Foundation of Seven Inc

Analysis

The Serenity Foundation of Seven Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in June 2016, 10 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, The Serenity Foundation of Seven Inc reported income of $2.2m and spending of $822k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.7m to $2.2m (+29%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 27% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Serenity Foundation of Seven Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Serve Link Home Care Inc ($2.2m), A Greener World ($2.2m) and North Hawaii Hospice Inc ($2.2m).

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 $625k (76% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.