Silver Spring Stage Incorporated

Analysis

Silver Spring Stage Incorporated is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in May 1974, 52 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 June 2024, Silver Spring Stage Incorporated reported income of $140k and spending of $160k, spending 115% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $65k to $140k (+116%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Silver Spring Stage Incorporated sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Ascension Ministry and Mission Fund ($140k), National Little League of Turlock ($140k) and Child Evangelism Fellowship of Susquehanna County Inc ($140k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 74% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.