Serenity Lane Health Services

Analysis

Serenity Lane Health Services is a registered charity in United States, based in Coburg, OR. It received its IRS tax-exemption ruling in May 1990, 36 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Serenity Lane Health Services reported income of $4.4m and spending of $3.3m, leaving 25% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $2.4m to $4.4m (+86%), an average of +13% a year. The sharpest change came in the year to March 2021, when income rose by 86%. Over the whole period it spent 83% 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 Health Services sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include National Healthcare Research and Education Finance Corporation ($4.4m), New Hanover Regional Medical Center Foundation Inc ($4.4m) and Mercy Health ($4.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $517k (16% of expenses). Other salaries and wages came to $646k. At year end it held assets of $40.4m against liabilities of $11.5m, net assets of $28.9m. It reported 14 employees.