Serenity House Inc

Analysis

Serenity House Inc is a registered charity in United States, based in Auburn, IN. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Serenity House Inc reported income of $1.2m and spending of $942k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $615k to $1.2m (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 43%. 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 House Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Wise Area Relief Mission Inc ($1.2m), Oklahoma Lions Boys Ranch ($1.2m) and Shining Hope Farms ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $64k (6.8% of expenses). Other salaries and wages came to $395k. At year end it held assets of $1.6m against liabilities of $18k, net assets of $1.6m. It reported 18 employees.