Childrens House at Serenbe Inc
Analysis
Childrens House at Serenbe Inc is a registered charity in United States, based in Palmetto, GA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Childrens House at Serenbe Inc reported income of $2.8m and spending of $2.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $349k to $2.8m (+702%), an average of +68% a year. The sharpest change came in the year to June 2022, when income rose by 718%. Over the whole period it spent 46% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens House at Serenbe 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 88th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Cathedral Arts Project Inc ($2.8m), Real Journey Academies Foundation Inc ($2.8m) and Witherspoon Institute Inc ($2.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $12.0m against liabilities of $5.6m, net assets of $6.3m. It reported 42 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 74%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cathedral Arts Project Inc | Jacksonville | $2.8m |
| Real Journey Academies Foundation Inc | Ontario | $2.8m |
| Witherspoon Institute Inc | Princeton | $2.8m |
| Alliance Public Services Inc | Alief | $2.8m |