Silver Ribbon Community Partners

Analysis

Silver Ribbon Community Partners is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Silver Ribbon Community Partners reported income of $118k and spending of $103k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $119k to $118k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to August 2023, when income rose by 51%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silver Ribbon Community Partners sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Power of Flowers Project ($118k), Beatitude House ($118k) and CBH Housing Inc ($118k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (36% of expenses). At year end it held assets of $22k against liabilities of $16k, net assets of $6,154. It reported 2 employees.