Loudoun Serenity House

Analysis

Loudoun Serenity House is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loudoun Serenity House reported income of $443k and spending of $427k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $179k to $443k (+147%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 162%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Loudoun Serenity House sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Ysleta Senior Housing Inc ($443k), Homeless Services United Inc ($443k) and Lee Building Industry Association Builders Care Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $50k (12% of expenses). Other salaries and wages came to $203k. At year end it held assets of $243k against liabilities of $2,874, net assets of $240k. It reported 8 employees.