Serenity Retreat for Healing & Spiritual Renewal

Analysis

Serenity Retreat for Healing & Spiritual Renewal is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Serenity Retreat for Healing & Spiritual Renewal reported income of $636k and spending of $737k, spending 116% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $471k to $636k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Serenity Retreat for Healing & Spiritual Renewal sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Renny McLean Ministries Incorporated ($636k), At Work on Purpose Inc ($637k) and Saleh John Charitable FDN 45862500 ($636k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $70k (9.5% of expenses). Other salaries and wages came to $263k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 7 employees.