Plainview Serenity Center Inc
Analysis
Plainview Serenity Center Inc is a registered charity in United States, based in Plainview, TX. It received its IRS tax-exemption ruling in July 1984, 42 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 August 2022, Plainview Serenity Center Inc reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 4 years on record, from August 2019 to August 2022, income fell from $2.1m to $2.1m (-1.6%), an average of -0.5% a year. Over the whole period it spent 99% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plainview Serenity Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Arc of Morehouse ($2.1m), Montana School Services Foundation ($2.1m) and South Carolina Universities Research and Education Foundation ($2.1m).
On its Form 990 for the period ending August 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $660k, net assets of $424k. It reported 75 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arc of Morehouse | Bastrop | $2.1m |
| Montana School Services Foundation | Helena | $2.1m |
| South Carolina Universities Research and Education Foundation | Aiken | $2.1m |
| Young Mens Christian Association Barry County | Hastings | $2.1m |