Silver Lining Mentoring Inc

Analysis

Silver Lining Mentoring Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Silver Lining Mentoring Inc reported income of $3.4m and spending of $3.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $3.4m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Silver Lining Mentoring Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Police Athletic League of Philadelphia ($3.4m), Boys & Girls Club of Lynn ($3.4m) and Boys and Girls Club of Portage County Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $415k (14% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.5m against liabilities of $359k, net assets of $8.1m. It reported 25 employees.