P — Human ServicesEIN: 680620485· Ruling Year: 2007

Serenity Care Inc

Andover, Massachusetts

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.19×
Peer Median7.39×
💰
$44.2M
Total Revenue
📊
$44.5M
Total Expenses
🏦
$8.5M
Net Assets
📋
$7.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.9%
Year-over-year change (2022 → 2023)
Net Margin
-0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.19
Net assets divided by total expenses
Liabilities-to-Assets
46.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$44,235,636↑1%$44,469,164↑4%$15,798,849↓3%
2022$43,851,569↑11%$42,833,657↑13%$16,216,790↑38%
2021$39,517,689↑4%$37,950,489↑4%$11,753,267↑3%
2020$38,151,567↑11%$36,611,437↑6%$11,357,140↑41%
2019$34,279,525↑22%$34,462,894↑26%$8,071,369↓7%
2018$28,058,668↑29%$27,423,377↑55%$8,659,408↓4%
2017$21,758,052$17,690,490$8,998,970
2017$21,758,052$17,690,490↓20%$8,998,970↑108%
2016$21,651,244↑158%$21,985,562↑156%$4,327,806↑95%
2015$8,404,901↑198%$8,591,588↑218%$2,222,354↑102%
2014$2,820,671↑50%$2,702,889↑54%$1,102,557↑66%
2013$1,877,691↑20%$1,751,592↑11%$664,505↑44%
2012$1,569,560↑6%$1,578,774↑9%$461,614
2011$1,484,388$1,448,277$462,402

Frequently Asked Questions

What does Serenity Care Inc do?▼

Serenity Care Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P81 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Serenity Care Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Serenity Care Inc has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Serenity Care Inc generate?▼

Serenity Care Inc reports $59.0M in annual revenue and holds $14.8M in total assets, based on IRS filings.

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