Serenity Lane

Analysis

Serenity Lane is a registered charity in United States, based in Coburg, OR. It received its IRS tax-exemption ruling in December 1972, 54 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Serenity Lane reported income of $20.8m and spending of $22.1m, spending 106% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $15.3m to $20.8m (+36%), an average of +6.3% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Serenity Lane sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Central Florida Kidney Centers Inc ($20.8m), Frederiksted Health Care Inc ($20.8m) and First Step House ($20.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $10.2m. At year end it held assets of $9.2m against liabilities of $16.5m, net assets of -$7.2m. It reported 282 employees.

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.