Serenity Hospicecare

Analysis

Serenity Hospicecare is a registered charity in United States, based in Park Hills, MO. It received its IRS tax-exemption ruling in December 1993, 33 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 September 2023, Serenity Hospicecare reported income of $4.4m and spending of $4.0m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $4.4m (+92%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Serenity Hospicecare sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Iniciativa Comunitaria de Investigacion Inc ($4.4m), National Church Residences ($4.4m) and Center for American Restoration Inc ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $4.7m against liabilities of $153k, net assets of $4.6m. It reported 67 employees.