Serenity Inc

Analysis

Serenity Inc is a registered charity in United States, based in Mountain Home, AR. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 2023, Serenity Inc reported income of $595k and spending of $515k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $399k to $595k (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Serenity Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within AR. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($595k), Agricultural Development Fund ($595k) and Coweta Falls Steeplechase Inc ($595k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $250k. At year end it held assets of $774k against liabilities of $195k, net assets of $579k. It reported 22 employees.