Silver Ghost Association Inc

Analysis

Silver Ghost Association Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Silver Ghost Association Inc reported income of $55k and spending of $42k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $55k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silver Ghost Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Massachusetts Law Enforcement ($55k), Santa Fe Womens Ensemble Inc ($55k) and Eaa South Bay Chapter 96 Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.4% of the total. At year end it held assets of $72k against liabilities of $21k, net assets of $51k.