Silverstone by Hunt

Analysis

Silverstone by Hunt is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 April 2023, Silverstone by Hunt reported income of $1.6m and spending of $1.7m, spending 102% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $1.5m to $1.6m (+9.2%), an average of +3.0% a year. The sharpest change came in the year to April 2022, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silverstone by Hunt sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NH. Charities of a similar size with the same main cause include Mother Africa ($1.6m), Windrush Farm Therapeutic Equitation Inc ($1.6m) and Groundswell Community Mural Project Inc ($1.6m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $528k (32% of expenses). Other salaries and wages came to $613k. At year end it held assets of $5.7m against liabilities of $195k, net assets of $5.5m. It reported 11 employees.