Serenity Village of Opelousas Inc

Analysis

Serenity Village of Opelousas Inc is a registered charity in United States, based in Opelousas, LA. It received its IRS tax-exemption ruling in August 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Serenity Village of Opelousas Inc reported income of $180k and spending of $168k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $104k to $180k (+73%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 28%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Serenity Village of Opelousas Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Franklin Foundation of Germantown Inc ($180k), Cortland Affordable Senior Housing Inc ($180k) and M H C Development Company Inc ($180k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $21k. At year end it held assets of $405k against liabilities of $16k, net assets of $388k.