Pearls Serenity House

Analysis

Pearls Serenity House is a registered charity in United States, based in McKeesport, PA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pearls Serenity House reported income of $52k and spending of $52k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $710 to $52k (+7294%), an average of +320% a year. The sharpest change came in the year to December 2021, when income rose by 4201%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pearls Serenity House sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Bulgarian Language School St Sofia NFP ($52k), American Advertising Foundation ($52k) and Transcultural Exchange Inc ($52k).

Compensation of current officers, directors and key employees was $45k (87% of expenses). At year end it held assets of $864 against liabilities of $19k, net assets of -$18k.