Silver Spurs Alumni Association Inc

Analysis

Silver Spurs Alumni Association Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Spurs Alumni Association Inc reported income of $535k and spending of $468k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $535k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silver Spurs Alumni Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Beads for Education Inc a Non-Profit Corporation ($535k), Marquette Foreign Exchange Company ($535k) and School for Ethical Education Inc ($535k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. At year end it held assets of $311k against liabilities of $120k, net assets of $192k.