Serenity Place Inc

Analysis

Serenity Place Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Serenity Place Inc reported income of $678k and spending of $477k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $418k to $678k (+62%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Serenity Place Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within DE. Charities of a similar size with the same main cause include Dynami Foundation ($677k), Fisher House Wisconsin ($678k) and Serenity ($677k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $159k. At year end it held assets of $764k against liabilities of $4,866, net assets of $759k. It reported 7 employees.