Serenade Heights Inc

Analysis

Serenade Heights Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Serenade Heights Inc reported income of $315k and spending of $287k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $315k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Serenade Heights Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include Safe Haven Transitional Inc ($315k), Memphis Chamber Foundation ($315k) and City Gate Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% and program service revenue 2.0% of the total. Other salaries and wages came to $111k. It paid $11k in professional fundraising fees. At year end it held assets of $242k against liabilities of $0, net assets of $242k. It reported 2 employees.