Serenity Street Foundation Inc

Analysis

Serenity Street Foundation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1996, 30 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 Street Foundation Inc reported income of $139k and spending of $115k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $139k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serenity Street Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Jabulani Kids Inc ($139k), One Master Ministries ($139k) and Abilities at Briarcliff Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 30% of the total. Other salaries and wages came to $1,903. At year end it held assets of $488k against liabilities of $12k, net assets of $476k. It reported 1 employees.