Salba Corporation

Analysis

Salba Corporation is a registered charity in United States, based in Abington, PA. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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 2022, Salba Corporation reported income of $235k and spending of $221k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $217k to $235k (+8.2%), an average of +2.7% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salba Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Crestline Homes Inc ($235k), Community Housing Inc ($235k) and Blossom Hill Foundation Inc ($235k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $42k. At year end it held assets of $262k against liabilities of $32k, net assets of $231k. It reported 1 employees.