Serenity Hospice and Home

Analysis

Serenity Hospice and Home is a registered charity in United States, based in Oregon, IL. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 Hospice and Home reported income of $5.8m and spending of $5.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $5.8m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Serenity Hospice and Home sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Missionary Flights & Service Inc ($5.8m), Mountainlands Community Housing ($5.8m) and The Aliveness Project Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $279k (4.8% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.5m against liabilities of $165k, net assets of $5.4m. It reported 106 employees.