Serenity Care Inc

Analysis

Serenity Care Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 2002, 24 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 December 2023, Serenity Care Inc reported income of $99k and spending of $127k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $127k to $99k (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Serenity Care Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AL. Charities of a similar size with the same main cause include Cuero Hospital Volunteers ($99k), Outlaw Foundation Inc ($99k) and Ohio Hematopoietic Transplant and Cellular Therapy Consortium ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. At year end it held assets of $37k against liabilities of $221k, net assets of -$185k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.