Serenity
Analysis
Serenity is a registered charity in United States, based in Petersburg, VA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Serenity reported income of $677k and spending of $826k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $341k to $677k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 106% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Serenity 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 75th percentile within VA. Charities of a similar size with the same main cause include Fire Medic Company No 1 Inc ($677k), Dynami Foundation ($677k) and Church Mission of Help of Western New York Inc ($677k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (8.6% of expenses). Other salaries and wages came to $395k. At year end it held assets of $99k against liabilities of $110k, net assets of -$11k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fire Medic Company No 1 Inc | PRT Washingtn | $677k |
| Dynami Foundation | Birmingham | $677k |
| Church Mission of Help of Western New York Inc | Buffalo | $677k |
| Serenity Place Inc | Dover | $678k |